Axis Bank Hubli Dharwad Karnataka MICR CODE

Find MICR Codes for Axis Bank Hubli Dharwad Karnataka

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MICR Code	580211005
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Keshwapur
Contact	2283005
Bank Details	Axis Bank Keshwapur UTIB0003313

Location	Hubli, Dharwad
City	Hubli
District	Dharwad
State	Karnataka
Pincode	580023
Country	IN
Address	Sri ammanur complex upper ground floor plot no 27 mig ward no 30 khb colony keshwapur

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 580211005 for Keshwapur 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 580211005 of Axis Bank, Keshwapur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Keshwapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Keshwapur >>Navanagar >>The Hubli Urban Coop Bank Ltd

MICR code for Axis Bank Keshwapur

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 Keshwapur 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. 580211005 is the MICR code of Axis Bank for Keshwapur branch. MICR code for Keshwapur 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 Keshwapur is presented in the table alongside.

Use of Axis Bank MICR code for Keshwapur branch in hubli

The MICR code 580211005 is used in RBI cheque clearing process to identify the branch Keshwapur 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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