MICR Code: 402211999

Bank: Axis Bank
IFSC Code: Utib0000774
MICR Code: 402211999
Address: Ground Floor, Centre Point Chinchpada, Pen Dist. Raigad, Pin 402107 Maharashtra
City: Raigad
District: Pen
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 402211999.

  • In this case first three codes 402 is city code and it represents city Raigad.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 999 represents branch. In our case branch is located at address Ground Floor, Centre Point Chinchpada, Pen Dist. Raigad, Pin 402107 Maharashtra.

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.