MICR Code: 505211662

Bank: Axis Bank
IFSC Code: Utib0002923
MICR Code: 505211662
Address: Sn660 661 Konduri Comp Area Sivalayam Strt Beside Kakatyayae Techno Sch Jammikunta 505122
City: Karimnagar
District: Karimnagar
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 505211662.

  • In this case first three codes 505 is city code and it represents city Karimnagar.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 662 represents branch. In our case branch is located at address Sn660 661 Konduri Comp Area Sivalayam Strt Beside Kakatyayae Techno Sch Jammikunta 505122.

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.