Axis Bank Gandimaisamma
Gandimaisamma · Medchal Malkajgiri, Telangana
500211140 is the MICR code for the Gandimaisamma branch of Axis Bank, located in Medchal Malkajgiri, Telangana. 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 UTIB0006434.
Bank
Axis Bank
Branch & Address
Gandimaisamma
Upper Ground Floor Door no 3 125 Sy no 168 9 Main Road Gandimaisamma Dommarapochampally Village Gandimaisamma Dundigalmunicipality Medchal Malkajgiri District Telangana
Medchal Malkajgiri, Hyderabad, Telangana
Contact
+918296210722MICR Code Structure
500
City
211
Bank
140
Branch
City code 500 identifies the RBI clearing centre, bank code 211 identifies Axis Bank, and branch code 140 identifies this specific branch.
Online Payment Methods Supported
Other Axis Bank branches near Medchal Malkajgiri
Other banks in Medchal Malkajgiri, Telangana
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 (UTIB0006434) 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 500211140 is in the middle, and your account number is on the right.