Axis Bank Bhimavaram West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Bhimavaram West Godavari Andhra Pradesh

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MICR Code	534211403
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhimavaram
Contact	239961
Bank Details	Axis Bank Bhimavaram UTIB0002625

Location	Bhimavaram, West Godavari
City	Bhimavaram
District	West Godavari
State	Andhra Pradesh
Pincode	534201
Country	IN
Address	D no 22 11 9 10 eswara towers bhimavaram west godavari andhra pradesh 534201

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 534211403 for Bhimavaram 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 534211403 of Axis Bank, Bhimavaram branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhimavaram 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 -

>>Bhimavaram

MICR code for Axis Bank Bhimavaram

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 Bhimavaram 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. 534211403 is the MICR code of Axis Bank for Bhimavaram branch. MICR code for Bhimavaram 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 Bhimavaram is presented in the table alongside.

Use of Axis Bank MICR code for Bhimavaram branch in bhimavaram

The MICR code 534211403 is used in RBI cheque clearing process to identify the branch Bhimavaram 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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