MICR Code: 400259252

Bank: Axis Bank
IFSC Code: Utib0sknsb1
MICR Code: 400259252
Address: Toksi Gram Panchayat, Panchayat Samiti Gangapurcity, District Sawai Madhopur, State Rajasthan
City: Thane
District: New Bombay
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 400259252.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 259 represents bank Axis Bank.
  • Remaining characters which are 252 represents branch. In our case branch is located at address Toksi Gram Panchayat, Panchayat Samiti Gangapurcity, District Sawai Madhopur, State Rajasthan.

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.