MICR Code: 581211999

Bank: Axis Bank
IFSC Code: Utib0000825
MICR Code: 581211999
Address: #88, R S No. 821 P B Road, Ranibennur Dist. Haveri, Karnataka Pin 581115
City: Haveri
District: Ranebennur
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 581211999.

  • In this case first three codes 581 is city code and it represents city Haveri.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 999 represents branch. In our case branch is located at address #88, R S No. 821 P B Road, Ranibennur Dist. Haveri, Karnataka Pin 581115.

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.