MICR Code: 416211476

Bank: Axis Bank
IFSC Code: Utib0002842
MICR Code: 416211476
Address: J.P. Arcade 1937B Grflr Bhadgaon Road Gadhinglaj 416502
City: Kolhapur
District: Pune
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 416211476.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 476 represents branch. In our case branch is located at address J.P. Arcade 1937B Grflr Bhadgaon Road Gadhinglaj 416502.

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.