MICR Code: 160351001

Bank: Axis Bank
IFSC Code: Utib0cscb22
MICR Code: 160351001
Address: Sco 1088-89, Sectore 22-B, Chandigarh
City: Chandigarh
District: Sector 22
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 160351001.

  • In this case first three codes 160 is city code and it represents city Chandigarh.
  • Next three characters 351 represents bank Axis Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Sco 1088-89, Sectore 22-B, Chandigarh.

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.