Axis Bank Bhatkal Uttara Kannada Karnataka MICR CODE

Find MICR Codes for Axis Bank Bhatkal Uttara Kannada Karnataka

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MICR Code	581211352
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhatkal
Contact	8385 - 222807
Bank Details	Axis Bank Bhatkal UTIB0002496

Location	Bhatkal, Uttara Kannada
City	Bhatkal
District	Uttara Kannada
State	Karnataka
Pincode	581320
Country	IN
Address	Near new english school , bandar road bhatkal, pin - 581320

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 581211352 for Bhatkal 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 581211352 of Axis Bank, Bhatkal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhatkal 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 -

>>Bhatkal

MICR code for Axis Bank Bhatkal

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 Bhatkal 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. 581211352 is the MICR code of Axis Bank for Bhatkal branch. MICR code for Bhatkal 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 Bhatkal is presented in the table alongside.

Use of Axis Bank MICR code for Bhatkal branch in bhatkal

The MICR code 581211352 is used in RBI cheque clearing process to identify the branch Bhatkal 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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