Axis Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashok Nagar Chennai
Contact 600083
Bank Details Axis Bank Ashok Nagar Chennai UTIB0000285
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600083
Country IN
Address No.72, 4th avenue ashok nagar
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 600211012 for Ashok Nagar Chennai 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 600211012 of Axis Bank, Ashok Nagar Chennai branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ashok Nagar Chennai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 126 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank Ashok Nagar Chennai

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 Ashok Nagar Chennai 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. 600211012 is the MICR code of Axis Bank for Ashok Nagar Chennai branch. MICR code for Ashok Nagar Chennai 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 Ashok Nagar Chennai is presented in the table alongside.

Use of Axis Bank MICR code for Ashok Nagar Chennai branch in chennai

The MICR code 600211012 is used in RBI cheque clearing process to identify the branch Ashok Nagar Chennai 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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