Axis Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Salem Salem Tamil Nadu

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MICR Code	636211017
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Cherry Road Salem
Contact
Bank Details	Axis Bank Cherry Road Salem UTIB0001742

Location	Salem, Salem
City	Salem
District	Salem
State	Tamil Nadu
Pincode	636001
Country	IN
Address	Door no. 137 (b,c), cherry road, mulvadi gate, salem, tamil nadu, 636001

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 636211017 for Cherry Road Salem 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 636211017 of Axis Bank, Cherry Road Salem branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Cherry Road Salem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Axis Bank are available with micr code -

>>Cherry Road Salem >>Edappadi >>Gugai >>Idaiyapatti >>Nagiampatty >>Pethanaickenpalayam >>Salem (Tamil Nadu) >>Salem Agraharam >>Salem Suramangalam >>Vazhapadi

MICR code for Axis Bank Cherry Road Salem

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 Cherry Road Salem 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. 636211017 is the MICR code of Axis Bank for Cherry Road Salem branch. MICR code for Cherry Road Salem 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 Cherry Road Salem is presented in the table alongside.

Use of Axis Bank MICR code for Cherry Road Salem branch in salem

The MICR code 636211017 is used in RBI cheque clearing process to identify the branch Cherry Road Salem 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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