MICR Code: 423211002

Bank: Axis Bank
IFSC Code: Utib0001240
MICR Code: 423211002
Address: Ground Floor , Sinkar Corner Camp Road Dist Nashik Pin 423203
City: Nasik
District: Malegaon
State: Maharashtra

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 423211002.

  • In this case first three codes 423 is city code and it represents city Nasik.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Ground Floor , Sinkar Corner Camp Road Dist Nashik Pin 423203.

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.