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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Axis Bank
  4. Telangana
  5. Hyderabad
  6. Hyderabad
  7. MICR: 500024251

MICR Code: 500024251

Bank: Axis Bank
IFSC Code: Utib0shcb01
MICR Code: 500024251
Address: 15937213 Mehaboobgunj Hyderabad 500 012
City: Hyderabad
District: Hyderabad
State: Telangana

What is MICR Code?

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.

Details of MICR Code

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 500024251.

  • In this case first three codes 500 is city code and it represents city Hyderabad.
  • Next three characters 024 represents bank Axis Bank.
  • Remaining characters which are 251 represents branch. In our case branch is located at address 15937213 Mehaboobgunj Hyderabad 500 012.

How to find micr code (for example 500024251) from bank account number?

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.