MICR code
471211501
Axis Bank, Khurai
- Bank
- Axis Bank
- Branch
- Khurai
- IFSC
- UTIB0002593
- Address
- GROUND FLOOR NEHRU WARD OPP PNB SAGAR PIN 470117
- City
- Sagar
- District
- Khurai
- State
- Madhya Pradesh
- City code
- 471
- Bank code
- 211
- Branch code
- 501
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- 471211501
MICR code · Sagar
MICR code 471211501
✔ Verified in RBI list
How to read MICR 471211501
- 471: the city code. It usually follows the first digits of the area's PIN code; here it is Sagar.
- 211: the bank code, the same for every branch of Axis Bank in cheque clearing.
- 501: 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 (UTIB0002593 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 471211501 belong to?
Axis Bank, Khurai branch (Sagar, Madhya Pradesh).
What is the IFSC code for MICR 471211501?
UTIB0002593.
What do the digits of 471211501 mean?
471 is the city code, 211 the bank code and 501 the branch code.