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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Axis Bank
  4. Madhya Pradesh
  5. Khurai
  6. Sagar
  7. MICR: 471211501

MICR Code: 471211501

Bank: Axis Bank
IFSC Code: Utib0002593
MICR Code: 471211501
Address: Ground Floor Nehru Ward Opp Pnb Sagar Pin 470117
City: Sagar
District: Khurai
State: Madhya Pradesh

What is MICR Code?

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.

Details of MICR Code

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 471211501.

  • In this case first three codes 471 is city code and it represents city Sagar.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Ground Floor Nehru Ward Opp Pnb Sagar Pin 470117.

How to find micr code (for example 471211501) from bank account number?

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.