Axis Bank Hubballi Dharwad Karnataka MICR CODE

Find MICR Codes for Axis Bank Hubballi Dharwad Karnataka

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MICR Code	580211006
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Cbt Branch
Contact	2266541
Bank Details	Axis Bank Cbt Branch UTIB0003672

Location	Hubballi, Dharwad
City	Hubballi
District	Dharwad
State	Karnataka
Pincode	580028
Country	IN
Address	Ground floor, cts no3563 to3566, ward no 52, m no 3870, revankar annexe, station road azad road, hubballi

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 580211006 for Cbt Branch 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 580211006 of Axis Bank, Cbt Branch branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Cbt Branch 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 -

>>Cbt Branch

MICR code for Axis Bank Cbt Branch

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 Cbt Branch 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. 580211006 is the MICR code of Axis Bank for Cbt Branch branch. MICR code for Cbt Branch 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 Cbt Branch is presented in the table alongside.

Use of Axis Bank MICR code for Cbt Branch branch in hubballi

The MICR code 580211006 is used in RBI cheque clearing process to identify the branch Cbt Branch 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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