MICR Code: 591875501

Bank: Axis Bank
IFSC Code: Utib0ssmssb
MICR Code: 591875501
Address: At Post Murgod, Taluka Saundatti 591119
City: Belgaum
District: Murgod
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 591875501.

  • In this case first three codes 591 is city code and it represents city Belgaum.
  • Next three characters 875 represents bank Axis Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address At Post Murgod, Taluka Saundatti 591119.

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.