Axis Bank Edanganasalai Salem Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Edanganasalai Salem Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Edanganasalai
Contact
Bank Details Axis Bank Edanganasalai UTIB0001501
Location Edanganasalai, Salem
City Edanganasalai
District Salem
State Tamil Nadu
Pincode 637508
Country IN
Address 256/14a, thirukumaran towers, kakapalayam main road, edanganasalai - 637508
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 636211011 for Edanganasalai 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 636211011 of Axis Bank, Edanganasalai branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Edanganasalai 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 -

>>Edanganasalai

MICR code for Axis Bank Edanganasalai

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 Edanganasalai 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. 636211011 is the MICR code of Axis Bank for Edanganasalai branch. MICR code for Edanganasalai 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 Edanganasalai is presented in the table alongside.

Use of Axis Bank MICR code for Edanganasalai branch in edanganasalai

The MICR code 636211011 is used in RBI cheque clearing process to identify the branch Edanganasalai 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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