Axis Bank Shivamogga Shivamogga Karnataka MICR CODE

Find MICR Codes for Axis Bank Shivamogga Shivamogga Karnataka

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gopal Gowda Extension Shimogga
Contact	8182-9900976567
Bank Details	Axis Bank Gopal Gowda Extension Shimogga UTIB0005286

Location	Shivamogga, Shivamogga
City	Shivamogga
District	Shivamogga
State	Karnataka
Pincode	577204
Country	IN
Address	A 10, 100 ft road, gopal gowda extension, shivamogga maha nagar palike, shivamogga 577204

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 0 for Gopal Gowda Extension Shimogga 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 0 of Axis Bank, Gopal Gowda Extension Shimogga branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gopal Gowda Extension Shimogga 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 -

>>Gopal Gowda Extension Shimogga

MICR code for Axis Bank Gopal Gowda Extension Shimogga

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 Gopal Gowda Extension Shimogga 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. 0 is the MICR code of Axis Bank for Gopal Gowda Extension Shimogga branch. MICR code for Gopal Gowda Extension Shimogga 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 Gopal Gowda Extension Shimogga is presented in the table alongside.

Use of Axis Bank MICR code for Gopal Gowda Extension Shimogga branch in shivamogga

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gopal Gowda Extension Shimogga 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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