Axis Bank Mangalore Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for Axis Bank Mangalore Dakshin Kannad Karnataka

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MICR Code	575211006
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kankanady
Contact
Bank Details	Axis Bank Kankanady UTIB0001689

Location	Mangalore, Dakshin Kannad
City	Mangalore
District	Dakshin Kannad
State	Karnataka
Pincode	575002
Country	IN
Address	Door no 17-3-124, metro plaza, valencia main road, opp sbm, valencia, kankanady 575002

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 575211006 for Kankanady 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 575211006 of Axis Bank, Kankanady branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kankanady branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Axis Bank are available with micr code -

>>Dakshina Kannada Jilla Mahila Coop >>Kankanady >>Mangalore (Service Branch) >>Surathkal Mangalore >>The South Canara District Central >>Thokkottu

MICR code for Axis Bank Kankanady

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 Kankanady 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. 575211006 is the MICR code of Axis Bank for Kankanady branch. MICR code for Kankanady 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 Kankanady is presented in the table alongside.

Use of Axis Bank MICR code for Kankanady branch in mangalore

The MICR code 575211006 is used in RBI cheque clearing process to identify the branch Kankanady 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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