MICR Code: 415803051

Bank: Axis Bank
IFSC Code: Utib0srdcc1
MICR Code: 415803051
Address: Sahakar Bhavan, Jawahar Path, Ratnagiri-415612
City: Ratnagiri
District: Ratnagiri
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 415803051.

  • In this case first three codes 415 is city code and it represents city Ratnagiri.
  • Next three characters 803 represents bank Axis Bank.
  • Remaining characters which are 051 represents branch. In our case branch is located at address Sahakar Bhavan, Jawahar Path, Ratnagiri-415612.

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.