Axis Bank Ammapet Erode Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Ammapet Erode Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ammapettai
Contact 04256 - 227445 / 227446 04256 - 227400
Bank Details Axis Bank Ammapettai UTIB0001232
Location Ammapet, Erode
City Ammapet
District Erode
State Tamil Nadu
Pincode 638311
Country IN
Address Mani chamber, kamarajar nagar, ammapettai - 638 311.
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 638211005 for Ammapettai branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 638211005 of Axis Bank, Ammapettai branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ammapettai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Axis Bank are available with micr code -

>>Ammapettai

MICR code for Axis Bank Ammapettai

Axis Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Axis Bank MICR code for Ammapettai is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 638211005 is the MICR code of Axis Bank for Ammapettai branch. MICR code for Ammapettai branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Axis Bank Ammapettai is presented in the table alongside.

Use of Axis Bank MICR code for Ammapettai branch in ammapet

The MICR code 638211005 is used in RBI cheque clearing process to identify the branch Ammapettai and Axis Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Axis Bank is typically in either of these two font’s: E-138 and CMC-7.

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