MICR Code: 576804000

Bank: Axis Bank
IFSC Code: Utib0suctbl
MICR Code: 576804000
Address: Head Office 2 Nd Floor Baliga Arcade Vidyasamudra Marg Udupi 570101
City: Udipi
District: Udupi
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 576804000.

  • In this case first three codes 576 is city code and it represents city Udipi.
  • Next three characters 804 represents bank Axis Bank.
  • Remaining characters which are 000 represents branch. In our case branch is located at address Head Office 2 Nd Floor Baliga Arcade Vidyasamudra Marg Udupi 570101.

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.