Axis Bank Warangal Warangal Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Warangal Warangal Andhra Pradesh

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MICR Code	506211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hanumakonda
Contact	(0870) 2546871/ 72/ 73 (0870) 2546874
Bank Details	Axis Bank Hanumakonda UTIB0001235

Location	Warangal, Warangal
City	Warangal
District	Warangal
State	Andhra Pradesh
Pincode	506001
Country	IN
Address	Gmr & gs complex, 1 st floor,h.no. 5-9-157, hanumakonda,warangal , andhra pradesh, pin 506001.

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 506211003 for Hanumakonda 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 506211003 of Axis Bank, Hanumakonda branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Hanumakonda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Axis Bank are available with micr code -

>>Hanumakonda >>Jangaon >>Warangal Andhra Pradesh >>Warangal Urban Coop Bank Ltd

MICR code for Axis Bank Hanumakonda

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 Hanumakonda 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. 506211003 is the MICR code of Axis Bank for Hanumakonda branch. MICR code for Hanumakonda 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 Hanumakonda is presented in the table alongside.

Use of Axis Bank MICR code for Hanumakonda branch in warangal

The MICR code 506211003 is used in RBI cheque clearing process to identify the branch Hanumakonda 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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