Axis Bank Kurali
Kurali · Kurali, Punjab
160211056 is the MICR code for the Kurali branch of Axis Bank, located in Kurali, Punjab. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code UTIB0003442.
Bank
Axis Bank
Branch & Address
Kurali
Gr Flr Ward no 5
Kurali, Kurali, Punjab
Contact
+918699544422MICR Code Structure
160
City
211
Bank
056
Branch
City code 160 identifies the RBI clearing centre, bank code 211 identifies Axis Bank, and branch code 056 identifies this specific branch.
Online Payment Methods Supported
Other Axis Bank branches near Kurali
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (UTIB0003442) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 160211056 is in the middle, and your account number is on the right.