Axis Bank Sree Mahayogi Lakshmamma Coop Bank
Sree Mahayogi Lakshmamma Coop Bank · Kurnool, Andhra Pradesh
518833202 is the MICR code for the Sree Mahayogi Lakshmamma Coop Bank branch of Axis Bank, located in Kurnool, Andhra 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 UTIB0SAVB01.
Bank
Axis Bank
Branch & Address
Sree Mahayogi Lakshmamma Coop Bank
X111 172 173 Flower Bazar Adoni 518 301
Kurnool, Adoni, Andhra Pradesh
Contact
+918512252922MICR Code Structure
518
City
833
Bank
202
Branch
City code 518 identifies the RBI clearing centre, bank code 833 identifies Axis Bank, and branch code 202 identifies this specific branch.
Online Payment Methods Supported
Other Axis Bank branches near Kurnool
Other banks in Kurnool, Andhra Pradesh
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 (UTIB0SAVB01) 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 518833202 is in the middle, and your account number is on the right.