MICR Code: 400211145

Bank: Axis Bank
IFSC Code: Utib0002679
MICR Code: 400211145
Address: Ground Floorsatyam Commercial Complexkacheri Roadpalghar 401404
City: Thane
District: Palghar
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 400211145.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 145 represents branch. In our case branch is located at address Ground Floorsatyam Commercial Complexkacheri Roadpalghar 401404.

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.