| MICR CODE | 500211061 |
|---|---|
| Bank | Axis Bank |
| Branch | Bn Reddy Nagar |
| IFSC Code | IFSC Code Axis Bank |
| Address | Plot No 7 And 17 Sagar Road Balaji Nagar Bn Reddy Nagar Hyderabad 500070 |
| City | Hyderabad |
| State | Telangana |
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).