MICR Code: 585211501

Bank: Axis Bank
IFSC Code: Utib0001320
MICR Code: 585211501
Address: Veerabhadreswara Nilaya, Bidar- Bangalore Road, Shahpur, Dist. Gulbarga, Karnataka, Pin 585223
City: Betul
District: Shahpur
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 585211501.

  • In this case first three codes 585 is city code and it represents city Betul.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Veerabhadreswara Nilaya, Bidar- Bangalore Road, Shahpur, Dist. Gulbarga, Karnataka, Pin 585223.

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.