Axis Bank Ahmednagar Zilla Prathmik Shikshak
Ahmednagar Zilla Prathmik Shikshak · Ahmadnagar, Maharashtra
414818507 is the MICR code for the Ahmednagar Zilla Prathmik Shikshak branch of Axis Bank, located in Ahmadnagar, Maharashtra. 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 UTIB0SAZP08.
Bank
Axis Bank
Branch & Address
Ahmednagar Zilla Prathmik Shikshak
Ambedkar Chowk Shevgaon Ahmednagar 414502
Ahmadnagar, Shevgaon, Maharashtra
Contact
+912429221276MICR Code Structure
414
City
818
Bank
507
Branch
City code 414 identifies the RBI clearing centre, bank code 818 identifies Axis Bank, and branch code 507 identifies this specific branch.
Online Payment Methods Supported
Other Axis Bank branches near Ahmadnagar
Other banks in Ahmadnagar, Maharashtra
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 (UTIB0SAZP08) 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 414818507 is in the middle, and your account number is on the right.