What is the IFSC code for MICR 500211141?

The IFSC code for Axis Bank Satamrai branch (MICR: 500211141) is UTIB0006520. 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 (500) represent the city/clearing centre, the next 3 digits (211) identify the bank, and the last 3 digits (141) identify the specific branch. For 500211141, the city code is 500, bank code is 211, and branch code is 141.

Axis Bank Satamrai

Q: Which bank does MICR code 500211141 belong to?

MICR code 500211141 belongs to Axis Bank, Satamrai branch, located at Ground Floor Door no 1 96 2 Satamrai Village Shamshabad Mandal Ranagareddy District Hyderabad Telangana 500052, Rangareddy, Telangana. The corresponding IFSC code is UTIB0006520.

Satamrai · Rangareddy, Telangana

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500211141

500211141 is the MICR code for the Satamrai branch of Axis Bank, located in Rangareddy, 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 UTIB0006520.

Bank

Axis Bank

Branch & Address

Satamrai

Ground Floor Door no 1 96 2 Satamrai Village Shamshabad Mandal Ranagareddy District Hyderabad Telangana 500052

Rangareddy, Hyderabad, Telangana

Contact

+919111922225

Codes for this Branch

MICR (cheques)

500211141

IFSC (online transfers)

UTIB0006520

View

MICR Code Structure

500

City

211

Bank

141

Branch

City code 500 identifies the RBI clearing centre, bank code 211 identifies Axis Bank, and branch code 141 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Axis Bank branches near Rangareddy

Alwal Rangareddy, Andhra Pradesh UTIB0001378 Chevella Rangareddy, Andhra Pradesh UTIB0001266 CTS Grid Operations Hyderabad Rangareddy, Andhra Pradesh UTIB0002568 Gopanpally Rangareddy, Telangana UTIB0005874 Kothbaspalle Rangareddy, Andhra Pradesh UTIB0002058 Kphb Road no One Rangareddy, Telangana UTIB0003385

Other banks in Rangareddy, Telangana

Bandhan Bank 3 branches Bank of Baroda 7 branches Bank of India 4 branches Canara Bank 59 branches Catholic Syrian Bank 3 branches Central Bank of India 9 branches City Union Bank 11 branches DCB Bank 3 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 (UTIB0006520) 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 500211141 is in the middle, and your account number is on the right.

View full branch details for IFSC UTIB0006520