MICR Code: 465211501

Bank: Axis Bank
IFSC Code: Utib0001223
MICR Code: 465211501
Address: Survey No 314/30, Shop No 12 Shuljalpur Road, Kalapipal Mandi, Kalapipal, Shahjapur - 465337
City: Shajapur
District: Kalapipal
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 465211501.

  • In this case first three codes 465 is city code and it represents city Shajapur.
  • 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 314/30, Shop No 12 Shuljalpur Road, Kalapipal Mandi, Kalapipal, Shahjapur - 465337.

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.