MICR Code: 500211065

Bank: Axis Bank
IFSC Code: Utib0003172
MICR Code: 500211065
Address: Sri Vinayaka Spectrum Square 1626742 Ground Floor Beside P Satyanarayan Gems Jewellery Malakpet Hyderabad 500036
City: Rangareddy
District: Hyderabad
State: Telangana

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 500211065.

  • In this case first three codes 500 is city code and it represents city Rangareddy.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 065 represents branch. In our case branch is located at address Sri Vinayaka Spectrum Square 1626742 Ground Floor Beside P Satyanarayan Gems Jewellery Malakpet Hyderabad 500036.

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.