| MICR CODE | 530211016 |
|---|---|
| Bank | Axis Bank |
| Branch | Kurmannapalem |
| IFSC Code | IFSC Code Axis Bank |
| Address | Upper Ground Floor, Dno. 31-7-5/1, Satavahana Nagar, Revenue Ward-58, Kurmannapalem Main Road, Visakhapatnam - 530046 |
| City | Visakhapatnam |
| State | Andhra Pradesh |
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Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).