Axis Bank Davangere Davangere Karnataka MICR CODE

Find MICR Codes for Axis Bank Davangere Davangere Karnataka

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MICR Code	577807002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kanaka Pattana Sahakara Bank Niyamitha
Contact	8192-271537
Bank Details	Axis Bank Kanaka Pattana Sahakara Bank Niyamitha UTIB0SKPSBN

Location	Davangere, Davangere
City	Davangere
District	Davangere
State	Karnataka
Pincode	577001
Country	IN
Address	1st floor, d no 657/1a 1b 1c, mandipet main road, davangere 577001, karnataka

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.

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Kanaka Pattana Sahakara Bank Niyamitha (577807002)

How does MICR code 577807002 for Kanaka Pattana Sahakara Bank Niyamitha 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 577807002 of Axis Bank, Kanaka Pattana Sahakara Bank Niyamitha branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kanaka Pattana Sahakara Bank Niyamitha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Axis Bank are available with micr code -

>>Chamarajpet >>City Co Operative Bank Ltd >>Davangere Harihar Urban Sahakara >>Kanaka Pattana Sahakara Bank Niyamitha >>Millath Co Operative Bank Ltd >>Shiva Sahakari Bank Niyamita Davana >>Shree Murugharajendra Coop Bank Ltd >>Sri Ambabhavani Urban Coop Bank Ltd >>Sri Kannikaparameshwari Cooperative Bank Ltd

MICR code for Axis Bank Kanaka Pattana Sahakara Bank Niyamitha

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 Kanaka Pattana Sahakara Bank Niyamitha 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. 577807002 is the MICR code of Axis Bank for Kanaka Pattana Sahakara Bank Niyamitha branch. MICR code for Kanaka Pattana Sahakara Bank Niyamitha 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 Kanaka Pattana Sahakara Bank Niyamitha is presented in the table alongside.

Use of Axis Bank MICR code for Kanaka Pattana Sahakara Bank Niyamitha branch in davangere

The MICR code 577807002 is used in RBI cheque clearing process to identify the branch Kanaka Pattana Sahakara Bank Niyamitha 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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