MICR code
507211004
Axis Bank, Palwancha
- Bank
- Axis Bank
- Branch
- Palwancha
- IFSC
- UTIB0003575
- Address
- NO 10 1 77 KSP ROAD PALWANCHA BHADRADRI DISTRICT 507115
- City
- Bhadradri
- District
- Kothagudem
- State
- Telangana
- City code
- 507
- Bank code
- 211
- Branch code
- 004
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- 507211004
MICR code · Bhadradri
MICR code 507211004
✔ Verified in RBI list
How to read MICR 507211004
- 507: the city code. It usually follows the first digits of the area's PIN code; here it is Bhadradri.
- 211: the bank code, the same for every branch of Axis Bank in cheque clearing.
- 004: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (UTIB0003575 for this branch).
Before you deposit or write a cheque
- Check that the MICR on the cheque matches the branch printed at the top of the leaf.
- Use a CTS-2010 cheque; older formats are no longer cleared.
- Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 507211004 belong to?
Axis Bank, Palwancha branch (Bhadradri, Telangana).
What is the IFSC code for MICR 507211004?
UTIB0003575.
What do the digits of 507211004 mean?
507 is the city code, 211 the bank code and 004 the branch code.