Axis Bank Urban Bangalore Karnataka MICR CODE

Find MICR Codes for Axis Bank Urban Bangalore Karnataka

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MICR Code	560211058
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jayanagar
Contact	26769541
Bank Details	Axis Bank Jayanagar UTIB0002767

Location	Urban, Bangalore
City	Urban
District	Bangalore
State	Karnataka
Pincode	560082
Country	IN
Address	507 50851 8th cross 7th block jayanagar west bangalore karnatakapin 560082

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 560211058 for Jayanagar 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 560211058 of Axis Bank, Jayanagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jayanagar 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 -

>>Jayanagar

MICR code for Axis Bank Jayanagar

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 Jayanagar 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. 560211058 is the MICR code of Axis Bank for Jayanagar branch. MICR code for Jayanagar 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 Jayanagar is presented in the table alongside.

Use of Axis Bank MICR code for Jayanagar branch in urban

The MICR code 560211058 is used in RBI cheque clearing process to identify the branch Jayanagar 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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