Axis Bank Idikki Idukki Kerala MICR CODE

Find MICR Codes for Axis Bank Idikki Idukki Kerala

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Idukki District Cooperative Bank
Contact 04862 - 235113
Bank Details Axis Bank Idukki District Cooperative Bank UTIB0SIDB99
Location Idikki, Idukki
City Idikki
District Idukki
State Kerala
Pincode 685602
Country IN
Address Idukki colony p o , 685602 kerala
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 685818205 for Idukki District Cooperative Bank 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 685818205 of Axis Bank, Idukki District Cooperative Bank branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Idukki District Cooperative Bank 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 -

>>Idukki District Cooperative Bank

MICR code for Axis Bank Idukki District Cooperative Bank

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 Idukki District Cooperative Bank 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. 685818205 is the MICR code of Axis Bank for Idukki District Cooperative Bank branch. MICR code for Idukki District Cooperative Bank 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 Idukki District Cooperative Bank is presented in the table alongside.

Use of Axis Bank MICR code for Idukki District Cooperative Bank branch in idikki

The MICR code 685818205 is used in RBI cheque clearing process to identify the branch Idukki District Cooperative Bank 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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