| MICR CODE | 503211003 |
|---|---|
| Bank | Axis Bank |
| Branch | Kanteswar |
| IFSC Code | IFSC Code Axis Bank |
| Address | D No 11 1 159 1 Kanteswar Vidyuth Nagar Nizamabad 503002 |
| City | Nizamabad |
| 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).