MICR Code: 457211101

Bank: Axis Bank
IFSC Code: Utib0001324
MICR Code: 457211101
Address: 1, Power House Road, Maruti Restaurant, Jhabua ( Mp) - 457661
City: Jhabua
District: Jhabua
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 457211101.

  • In this case first three codes 457 is city code and it represents city Jhabua.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 101 represents branch. In our case branch is located at address 1, Power House Road, Maruti Restaurant, Jhabua ( Mp) - 457661.

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.