Axis Bank Konanki Prakasam Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Konanki Prakasam Andhra Pradesh

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MICR Code	523211662
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Konanki
Contact	8469318
Bank Details	Axis Bank Konanki UTIB0003826

Location	Konanki, Prakasam
City	Konanki
District	Prakasam
State	Andhra Pradesh
Pincode	523260
Country	IN
Address	Dno. 2 189, new no.4 89 1, main road, konanki, martur mandal, prakasam dt 523260

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 523211662 for Konanki 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 523211662 of Axis Bank, Konanki branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Konanki 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 -

>>Konanki

MICR code for Axis Bank Konanki

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 Konanki 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. 523211662 is the MICR code of Axis Bank for Konanki branch. MICR code for Konanki 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 Konanki is presented in the table alongside.

Use of Axis Bank MICR code for Konanki branch in konanki

The MICR code 523211662 is used in RBI cheque clearing process to identify the branch Konanki 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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