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It is very important to find MICR code 507211005 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 507211005 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
507211005 is the MICR Code for Madhira branch of Axis Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Axis Bank account. The address of Madhira branch is Gr flr no 10 70 1 10 70 2 main rd rayaptanam centre madhira 507203, which is located in Khammam District of Telangana State.
In Axis Bank MICR Code, the first 4 characters (5072) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (1005) represent the Axis Bank branch code.
Find more information on MICR Code 507211005 of Axis Bank Madhira Branch MICR Code Madhira for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 507211005 details before initiating any transaction!