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Axis Bank Shujalpur

Shujalpur · Shajapur, Madhya Pradesh

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465211051

465211051 is the MICR code for the Shujalpur branch of Axis Bank, located in Shajapur, 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 UTIB0003934.

Bank

Axis Bank

Branch & Address

Shujalpur

Ground Floor Bulding no 101 Ward no 19 Opp Shri Ram Temple Shujalpur Dist Shajapur PIN 465333

Shajapur, Shujalpur, Madhya Pradesh

Contact

+917360242570

Codes for this Branch

MICR (cheques)

465211051

IFSC (online transfers)

UTIB0003934

View

MICR Code Structure

465

City

211

Bank

051

Branch

City code 465 identifies the RBI clearing centre, bank code 211 identifies Axis Bank, and branch code 051 identifies this specific branch.

Online Payment Methods Supported

NEFT
RTGS
IMPS
UPI

Other Axis Bank branches near Shajapur

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 (UTIB0003934) 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 465211051 is in the middle, and your account number is on the right.

View full branch details for IFSC UTIB0003934