Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 123839102 belongs to Axis Bank, Mahendragarh Central Co-Operative Bank Imps branch in Mumbai, Maharashtra. The matching IFSC code is UTIB0SMCCB1.
How to read MICR 123839102
123: the city code. It usually follows the first digits of the area's PIN code; here it is Mumbai.
839: the bank code, the same for every branch of Axis Bank in cheque clearing.
102: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (UTIB0SMCCB1 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 123839102 belong to?
Axis Bank, Mahendragarh Central Co-Operative Bank Imps branch (Mumbai, Maharashtra).
What is the IFSC code for MICR 123839102?
UTIB0SMCCB1.
What do the digits of 123839102 mean?
123 is the city code, 839 the bank code and 102 the branch code.
