Axis Bank Gopalapatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Gopalapatnam Vishakhapatnam Andhra Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gopalapatnam
Contact (0891) 2734430/ 52/ 57 (0891) 2734464
Bank Details Axis Bank Gopalapatnam UTIB0001411
Location Gopalapatnam, Vishakhapatnam
City Gopalapatnam
District Vishakhapatnam
State Andhra Pradesh
Pincode 530027
Country IN
Address Plot no. 12, s.no.1/2,vizag-araku main road,gopalapatnam, dist.visakhapatnam,andhra pradesh, pin 530027.
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 530211006 for Gopalapatnam 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 530211006 of Axis Bank, Gopalapatnam branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gopalapatnam 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 -

>>Gopalapatnam

MICR code for Axis Bank Gopalapatnam

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 Gopalapatnam 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. 530211006 is the MICR code of Axis Bank for Gopalapatnam branch. MICR code for Gopalapatnam 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 Gopalapatnam is presented in the table alongside.

Use of Axis Bank MICR code for Gopalapatnam branch in gopalapatnam

The MICR code 530211006 is used in RBI cheque clearing process to identify the branch Gopalapatnam 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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