Axis Bank Harihar Davangere Karnataka MICR CODE

Find MICR Codes for Axis Bank Harihar Davangere Karnataka

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MICR Code	577211602
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Harihar
Contact	240716
Bank Details	Axis Bank Harihar UTIB0002669

Location	Harihar, Davangere
City	Harihar
District	Davangere
State	Karnataka
Pincode	577601
Country	IN
Address	Sri siddeshwara towers h division 1101 967 a 1101 p b road harihar pin 577601

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 577211602 for Harihar 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 577211602 of Axis Bank, Harihar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Harihar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Harihar >>Sree Harihareshwara Urban Coop Bank

MICR code for Axis Bank Harihar

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 Harihar 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. 577211602 is the MICR code of Axis Bank for Harihar branch. MICR code for Harihar 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 Harihar is presented in the table alongside.

Use of Axis Bank MICR code for Harihar branch in harihar

The MICR code 577211602 is used in RBI cheque clearing process to identify the branch Harihar 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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