MICR Code: 415211152

Bank: Axis Bank
IFSC Code: Utib0001325
MICR Code: 415211152
Address: Ground Floor, Laxmi Arcade, Narali Baug, Gajanan Chowk, Phaltan, Dist. Satara, Maharashtra , Pin 415523.
City: Satara
District: Phaltan
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 415211152.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 152 represents branch. In our case branch is located at address Ground Floor, Laxmi Arcade, Narali Baug, Gajanan Chowk, Phaltan, Dist. Satara, Maharashtra , Pin 415523..

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.