Mycodesearch
  • Home
  • IFSC Code
  • PIN Code
  • Swift Code
  • MICR Code
  • Blog
  • About
    • About Us
  • Contact Us
Home /500211096


Axis Bank Malkajgiri Main Road IFSC Code

MICR Code: UTIB0004386

27064551Axis Bank Malkajgiri Main RoadAxis Bank

Bank NameAxis Bank
IFSC CodeUTIB0004386
(used for RTGS and NEFT transactions)
MICR Code 500211096
BranchMalkajgiri Main Road
StateTelangana
DistrictHyderabad
City Hyderabad
AddressGr Flr Mahesh Arcade D No 14 213 And 214 Mirzalguda Malkajgiri Main Rd Secunderabad Hyderabad 500047
Contact Phone 27064551
Share
  • Share on Facebook
  • Tweet on Twitter
  • Share on Linkedin

What is 500211096 MICR Code.

The full form of MICR is Magnetic Ink Character Recognition technology. The primary need for this innovation is to authenticate the originality and legality of paper based documents in the banking system and is majorly used on cheques. In terms of their real-world importance, MICR stands on par with IFSC where transfer of funds using NEFT or IMPS is concerned..

MICR code imbibes the cutting-edge character recognition technology that is used by banks to authenticate the clearance of cheques and other such documents. MICR code itself can be seen placed on the bottom strip of the cheque and includes such details as the bank code, account details, cheque number and amount, alongside a control indicator. The principal advantage of this system is that unlike similar concepts like barcodes, MICR can be easily distinguished and read by humans.

What is the use of MICR code?

MICR is a technology that helps in verifying the originality of cheques or other paper documents. It is used mainly by banks to process cheques faster. The MICR code helps RBI in identifying the bank branch.

What is Axis Bank MICR Code?

Magnetic Ink Character Recognition (MICR) is a printing technology that is used to print alpha-numeric details. MICR Code is printed on cheques and they allow the cheque to be processed easily.

Malkajgiri Main Road Branch Information

Indian Financial System Code, Magnetic Ink Character Recognition, SWIFT Code, Address and Contact number of Axis Bank - Malkajgiri Main Road branch in [ditrict]  district which is in the state of Telangana. Branch office and ATM location.

What is  Axis Bank Malkajgiri Main Road RTGS?

Real Time Gross Settlement (RTGS) is a fund transfer mechanism which is used to transfer money from one bank to another. This gross basis transfer happens in realtime, hence the name. Minimum amount that can be transferred through RTGS is Rs. 2,00,000. Fees to process RTGS will be applicable.

What is  Axis Bank Malkajgiri Main Road NEFT?

National Electronic Fund Transfer (NEFT) is an online money transfer system which is supported by RBI. NEFT is used for medium and small amount transfer between accounts and banks. There is no minimum amount limit to send money via NEFT.

Popular Searches on 500211096?

Axis Bank Malkajgiri Main Road 500211096 micr code, Axis Bank 500211096 micrcode, MICR Code 500211096Axis Bank Malkajgiri Main Road Hyderabad, MICR Code of Malkajgiri Main Road Axis Bank 500211096, Axis Bank 500211096 MICR Code Malkajgiri Main Road.

Primary Sidebar

Latest News

  • Studio Ghibli Style AI: ChatGPT se Banaye Free Ghibli Art!
  • Kyun Manaya Jata Hai Navratri? Significance, Kahani aur Traditions
  • Eid 2025: Date, History, Importance & Celebration
  • Eid Kya Hai? Puri Jaankari Hindi Mein

Read Category wise

Earn money online
Films and entertainment
how to apply and prepare for goverment jobs
Learn about Ai tools

Footer

Copyright © 2025 Mycodesearch. All Rights Reserved.HomeAbout UsFAQBlogContact Us