Axis Bank Beeramguda
Beeramguda · Medak, Telangana
502211762 is the MICR code for the Beeramguda branch of Axis Bank, located in Medak, 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 UTIB0003365.
Bank
Axis Bank
Branch & Address
Beeramguda
Beeramguda Ramachandrapuram
Medak, Hyderabad, Telangana
Contact
+918455297980MICR Code Structure
502
City
211
Bank
762
Branch
City code 502 identifies the RBI clearing centre, bank code 211 identifies Axis Bank, and branch code 762 identifies this specific branch.
Online Payment Methods Supported
Other Axis Bank branches near Medak
Other banks in Medak, 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 (UTIB0003365) 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 502211762 is in the middle, and your account number is on the right.