MICR Code: 431852102

Bank: Axis Bank
IFSC Code: Utib0svns04
MICR Code: 431852102
Address: Santkrupa Market Gurugovindsing Road 431602
City: Nanded
District: Nanded
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 431852102.

  • In this case first three codes 431 is city code and it represents city Nanded.
  • Next three characters 852 represents bank Axis Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Santkrupa Market Gurugovindsing Road 431602.

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.