MICR Code: 580211503

Bank: Axis Bank
IFSC Code: Utib0001978
MICR Code: 580211503
Address: 182/1, Kalagatgi Mundgod Road, Tavargeri, Dist. Dharwad, Karnataka, Pin 581204
City: Dharwad
District: Kalghatgi
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 580211503.

  • In this case first three codes 580 is city code and it represents city Dharwad.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address 182/1, Kalagatgi Mundgod Road, Tavargeri, Dist. Dharwad, Karnataka, Pin 581204.

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.