MICR Code: 623211102

Bank: Axis Bank
IFSC Code: Utib0001502
MICR Code: 623211102
Address: 12/338, T-1, Ground Floor, Prema Rayan Towe, Thiruvallur Nagar, Madurai Mandapam Road, Paramakudi - 623707.
City: Ramanathapuram
District: Paramagudi
State: Tamil Nadu

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 623211102.

  • In this case first three codes 623 is city code and it represents city Ramanathapuram.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address 12/338, T-1, Ground Floor, Prema Rayan Towe, Thiruvallur Nagar, Madurai Mandapam Road, Paramakudi - 623707..

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.