| MICR CODE | 560226261 |
|---|---|
| Bank | Axis Bank |
| Branch | Ashoknagar Coop Bank Limited |
| IFSC Code | IFSC Code Axis Bank |
| Address | 1380 By B,ashoknagar,bsk 1st Stage,2nd Block,bangalore 560 050 |
| City | Bangalore |
| State | Karnataka |
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).