Axis Bank City Cooperative Bank Ltd, Shimoga
City Cooperative Bank Ltd, Shimoga · Shimoga, Karnataka
577259254 is the MICR code for the City Cooperative Bank Ltd, Shimoga branch of Axis Bank, located in Shimoga, 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 UTIB0SCCBHO.
Bank
Axis Bank
Branch & Address
City Cooperative Bank Ltd, Shimoga
Fort Road, Shimoga 577202
Shimoga, Shimoga, Karnataka
Contact
+918182260290MICR Code Structure
577
City
259
Bank
254
Branch
City code 577 identifies the RBI clearing centre, bank code 259 identifies Axis Bank, and branch code 254 identifies this specific branch.
Online Payment Methods Supported
Other Axis Bank branches near Shimoga
Other banks in Shimoga, 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 (UTIB0SCCBHO) 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 577259254 is in the middle, and your account number is on the right.