| MICR CODE | 160211018 |
|---|---|
| Bank | Axis Bank |
| Branch | Ballopur |
| IFSC Code | IFSC Code Axis Bank |
| Address | Ground Floor, Khewat/ Khatauni No.8/104/12-14, Khasra No.743 (0-10),po: Lalru, Tehsil: Derabassi,dist. Mohali, Village.ballopur,punjab, Pin 140501 |
| City | Lalru |
| State | Punjab |
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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).