MICR Code: 583858501
Bank: Axis Bank |
IFSC Code: Utib0shucbl |
MICR Code: 583858501 |
Address: Apmc Yard College Road Hanamasagar 583281 |
City: Koppal |
District: Hanamsagar |
State: Karnataka |
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.
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 583858501.
- In this case first three codes 583 is city code and it represents city Koppal.
- Next three characters 858 represents bank Axis Bank.
- Remaining characters which are 501 represents branch. In our case branch is located at address Apmc Yard College Road Hanamasagar 583281.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details

I hope this clears doubts.