Axis Bank Kondevaram East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Kondevaram East Godavari Andhra Pradesh

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MICR Code	533211562
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kondevaram
Contact	8469318
Bank Details	Axis Bank Kondevaram UTIB0003822

Location	Kondevaram, East Godavari
City	Kondevaram
District	East Godavari
State	Andhra Pradesh
Pincode	533450
Country	IN
Address	Dno. 5 160, main road kondevaram post, u kothapalle mandal, east godavari dist, kondevaram 533450

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 533211562 for Kondevaram 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 533211562 of Axis Bank, Kondevaram branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kondevaram 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 -

>>Kondevaram

MICR code for Axis Bank Kondevaram

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 Kondevaram 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. 533211562 is the MICR code of Axis Bank for Kondevaram branch. MICR code for Kondevaram 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 Kondevaram is presented in the table alongside.

Use of Axis Bank MICR code for Kondevaram branch in kondevaram

The MICR code 533211562 is used in RBI cheque clearing process to identify the branch Kondevaram 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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