Axis Bank Hulgur Haveri Karnataka MICR CODE

Find MICR Codes for Axis Bank Hulgur Haveri Karnataka

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MICR Code	581211501
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gottagodi
Contact	08378 - 209008
Bank Details	Axis Bank Gottagodi UTIB0002116

Location	Hulgur, Haveri
City	Hulgur
District	Haveri
State	Karnataka
Pincode	585110
Country	IN
Address	Axis bank,81/1a, madli cross, pune – bangalore highway, dundshi (po), gottagodi village, vanahalli panchayat,shigaon taluk, haveri district pin code 585110

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 581211501 for Gottagodi 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 581211501 of Axis Bank, Gottagodi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gottagodi 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 -

>>Gottagodi

MICR code for Axis Bank Gottagodi

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 Gottagodi 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. 581211501 is the MICR code of Axis Bank for Gottagodi branch. MICR code for Gottagodi 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 Gottagodi is presented in the table alongside.

Use of Axis Bank MICR code for Gottagodi branch in hulgur

The MICR code 581211501 is used in RBI cheque clearing process to identify the branch Gottagodi 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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