MICR Code: 431822501

Bank: Axis Bank
IFSC Code: Utib0ssns01
MICR Code: 431822501
Address: Vasantrao Kharkar Complex, Station Road, Selu. 431 503 Tal- Selu Dist Parbhani
City: Parbhani
District: Sailu
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 431822501.

  • In this case first three codes 431 is city code and it represents city Parbhani.
  • Next three characters 822 represents bank Axis Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Vasantrao Kharkar Complex, Station Road, Selu. 431 503 Tal- Selu Dist Parbhani.

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.