Axis Bank Dhanera Mercatile Coop Bank, Lakhani
Dhanera Mercatile Coop Bank, Lakhani · Banas Kantha, Gujarat
385808503 is the MICR code for the Dhanera Mercatile Coop Bank, Lakhani branch of Axis Bank, located in Banas Kantha, Gujarat. 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 UTIB0SDMCB4.
Bank
Axis Bank
Branch & Address
Dhanera Mercatile Coop Bank, Lakhani
Deesa Highway, Lakhani, 3855535
Banas Kantha, Dhanera, Gujarat
Contact
+912748223467MICR Code Structure
385
City
808
Bank
503
Branch
City code 385 identifies the RBI clearing centre, bank code 808 identifies Axis Bank, and branch code 503 identifies this specific branch.
Online Payment Methods Supported
Other Axis Bank branches near Banas Kantha
Other banks in Banas Kantha, Gujarat
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 (UTIB0SDMCB4) 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 385808503 is in the middle, and your account number is on the right.