MICR Code: 160211032

Bank: Axis Bank
IFSC Code: Utib0002167
MICR Code: 160211032
Address: Ground Floor , Khasra No. 188/10, Po- Majatri, Tehsil Kharar , Distt Mohali, Majat, Pin -140307
City: Rupnagar
District: Kharar
State: Punjab

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 160211032.

  • In this case first three codes 160 is city code and it represents city Rupnagar.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 032 represents branch. In our case branch is located at address Ground Floor , Khasra No. 188/10, Po- Majatri, Tehsil Kharar , Distt Mohali, Majat, Pin -140307.

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.