Axis Bank Sri Parshwanatha Sahakara Bank Niyamitha
Sri Parshwanatha Sahakara Bank Niyamitha · Tumakuru, Karnataka
572574251 is the MICR code for the Sri Parshwanatha Sahakara Bank Niyamitha branch of Axis Bank, located in Tumakuru, Karnataka. 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 UTIB0SPSBNT.
Bank
Axis Bank
Branch & Address
Sri Parshwanatha Sahakara Bank Niyamitha
8th Cross, Ashokanagara
Tumakuru, Tumakuru, Karnataka
Contact
+918164014428MICR Code Structure
572
City
574
Bank
251
Branch
City code 572 identifies the RBI clearing centre, bank code 574 identifies Axis Bank, and branch code 251 identifies this specific branch.
Online Payment Methods Supported
Other Axis Bank branches near Tumakuru
Other banks in Tumakuru, Karnataka
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 (UTIB0SPSBNT) 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 572574251 is in the middle, and your account number is on the right.