| MICR CODE | 400211994 |
|---|---|
| Bank | Axis Bank |
| Branch | Channel Finance Hub |
| IFSC Code | IFSC Code Axis Bank |
| Address | 2nd Floor, Building No. 1, Gigaplex, Plot No. I.t. 5, Midc, Airoli Knowledge Park, Airoli, Navi Mumbai - 400 708 |
| City | New Bombay |
| State | Maharashtra |
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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).