Axis Bank Kudal Sindhudurg Maharashtra MICR CODE

Find MICR Codes for Axis Bank Kudal Sindhudurg Maharashtra

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MICR Code	416211451
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kudal
Contact	1801035577
Bank Details	Axis Bank Kudal UTIB0002630

Location	Kudal, Sindhudurg
City	Kudal
District	Sindhudurg
State	Maharashtra
Pincode	416520
Country	IN
Address	Mitra complex gala no 909 12 near police station kudal vengurla road pin code 416520

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 416211451 for Kudal 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 416211451 of Axis Bank, Kudal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kudal 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 -

>>Kudal

MICR code for Axis Bank Kudal

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 Kudal 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. 416211451 is the MICR code of Axis Bank for Kudal branch. MICR code for Kudal 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 Kudal is presented in the table alongside.

Use of Axis Bank MICR code for Kudal branch in kudal

The MICR code 416211451 is used in RBI cheque clearing process to identify the branch Kudal 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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