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It is very important to find MICR code 587831501 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 587831501 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.
587831501 is the MICR Code for Laxmi Sahakari Bank Niyamit branch of Axis Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Axis Bank account. The address of Laxmi Sahakari Bank Niyamit branch is Near tmc main road guledgudda 587203, which is located in Bagalkote District of Karnataka State.
In Axis Bank MICR Code, the first 4 characters (5878) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (1501) represent the Axis Bank branch code.
Find more information on MICR Code 587831501 of Axis Bank Laxmi Sahakari Bank Niyamit Branch MICR Code Guledagudda for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 587831501 details before initiating any transaction!