Axis Bank Malappuram Malappuram Kerala MICR CODE

Find MICR Codes for Axis Bank Malappuram Malappuram Kerala

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Edappal
Contact 2682651
Bank Details Axis Bank Edappal UTIB0004049
Location Malappuram, Malappuram
City Malappuram
District Malappuram
State Kerala
Pincode 679576
Country IN
Address Axis bank ltd 1st floor golden tower edappal 679576
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 679211302 for Edappal 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 679211302 of Axis Bank, Edappal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Edappal 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 -

>>Edappal

MICR code for Axis Bank Edappal

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 Edappal 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. 679211302 is the MICR code of Axis Bank for Edappal branch. MICR code for Edappal 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 Edappal is presented in the table alongside.

Use of Axis Bank MICR code for Edappal branch in malappuram

The MICR code 679211302 is used in RBI cheque clearing process to identify the branch Edappal 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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