What is the IFSC code for MICR 462211031?

The IFSC code for Axis Bank Neelbad branch (MICR: 462211031) is UTIB0005589. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (462) represent the city/clearing centre, the next 3 digits (211) identify the bank, and the last 3 digits (031) identify the specific branch. For 462211031, the city code is 462, bank code is 211, and branch code is 031.

Axis Bank Neelbad

Q: Which bank does MICR code 462211031 belong to?

MICR code 462211031 belongs to Axis Bank, Neelbad branch, located at Ground Floor, Khasra no 229by4, 229by5, 229by6, Hotel Smr Palace, Patwari Halka no 34, Ward no 26village Neelbad, Near Durga Mandir, Tehsil Huzur, Bhopal, Madhya Pradesh. The corresponding IFSC code is UTIB0005589.

Neelbad · Bhopal, Madhya Pradesh

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462211031

462211031 is the MICR code for the Neelbad branch of Axis Bank, located in Bhopal, Madhya Pradesh. 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 UTIB0005589.

Bank

Axis Bank

Branch & Address

Neelbad

Ground Floor, Khasra no 229by4, 229by5, 229by6, Hotel Smr Palace, Patwari Halka no 34, Ward no 26village Neelbad, Near Durga Mandir, Tehsil Huzur

Bhopal, Bhopal, Madhya Pradesh

Contact

+919243234663

Codes for this Branch

MICR (cheques)

462211031

IFSC (online transfers)

UTIB0005589

View

MICR Code Structure

462

City

211

Bank

031

Branch

City code 462 identifies the RBI clearing centre, bank code 211 identifies Axis Bank, and branch code 031 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Axis Bank branches near Bhopal

Airport Road Bhopal Bhopal, Madhya Pradesh UTIB0006220 Arandiya Bhopal, Madhya Pradesh UTIB0005251 Arera Colony Bhopal Bhopal, Madhya Pradesh UTIB0003114 Ashoka Garden, Bhopal Bhopal, Madhya Pradesh UTIB0003154 Awadhpuri Bhopal Bhopal, Madhya Pradesh UTIB0002663 Ayodhya Bypass Road Bhopal Bhopal, Madhya Pradesh UTIB0002976

Other banks in Bhopal, Madhya Pradesh

Astha Mahila Nagrik Sahakari Bank Maryadit 1 branch AU Small Finance Bank 8 branches Bandhan Bank 7 branches Bank of Baroda 49 branches Bank of India 52 branches Bank of Maharashtra 15 branches Bombay Mercantile Co-operative Bank 1 branch Canara Bank 60 branches

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 (UTIB0005589) 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 462211031 is in the middle, and your account number is on the right.

View full branch details for IFSC UTIB0005589