MICR Code: 474211501

Bank: Axis Bank
IFSC Code: Utib0002532
MICR Code: 474211501
Address: Survey No 419 By 1, Patwari Hallka No 102 Village Dangguthina, Dist And Tehsil Gwalior,474020
City: Gwalior
District: Gwalior
State: Madhya Pradesh

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 474211501.

  • In this case first three codes 474 is city code and it represents city Gwalior.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Survey No 419 By 1, Patwari Hallka No 102 Village Dangguthina, Dist And Tehsil Gwalior,474020.

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.