MICR Code: 160211049

Bank: Axis Bank
IFSC Code: Utib0003148
MICR Code: 160211049
Address: Gr Floor Basement Floor Sco No 661 Sector 70 Sas Nagar Mohali Punjab Sas Nagar 160055
City: Mohali
District: Sas Nagar Mohali
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 160211049.

  • In this case first three codes 160 is city code and it represents city Mohali.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 049 represents branch. In our case branch is located at address Gr Floor Basement Floor Sco No 661 Sector 70 Sas Nagar Mohali Punjab Sas Nagar 160055.

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.