| MICR CODE | 400211222 |
|---|---|
| Bank | Axis Bank |
| Branch | Ovale Thane |
| IFSC Code | IFSC Code Axis Bank |
| Address | Grd Flr, Shop No 10, Sadguru Solitaire, Kasarvadavali, Gb Rd, Near Jain Temple Village, Ovale, Thane W |
| City | Thane |
| State | Maharashtra |
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).