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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Axis Bank
  4. Karnataka
  5. Guledagudda
  6. Bagalkote
  7. MICR: 587831501

MICR Code: 587831501

Bank: Axis Bank
IFSC Code: Utib0slsbng
MICR Code: 587831501
Address: Near Tmc Main Road Guledgudda 587203
City: Bagalkote
District: Guledagudda
State: Karnataka

What is MICR Code?

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Details of MICR Code

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 587831501.

  • In this case first three codes 587 is city code and it represents city Bagalkote.
  • Next three characters 831 represents bank Axis Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Near Tmc Main Road Guledgudda 587203.

How to find micr code (for example 587831501) from bank account number?

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.