Axis Bank Kushalnagar Kodagu Karnataka MICR CODE

Find MICR Codes for Axis Bank Kushalnagar Kodagu Karnataka

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MICR Code	571211521
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kushalnagar
Contact	(08276) 271861/ 3/ 4 , (08276) 271862
Bank Details	Axis Bank Kushalnagar UTIB0001010

Location	Kushalnagar, Kodagu
City	Kushalnagar
District	Kodagu
State	Karnataka
Pincode	517234
Country	IN
Address	Bhakti mansion , plot no.89/2, 89/2a, 89/3, bangalore - mangalore road , dist. Kodagu, kushalnagar, karnataka, pin 517 234

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 571211521 for Kushalnagar 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 571211521 of Axis Bank, Kushalnagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kushalnagar 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 -

>>Kushalnagar

MICR code for Axis Bank Kushalnagar

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 Kushalnagar 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. 571211521 is the MICR code of Axis Bank for Kushalnagar branch. MICR code for Kushalnagar 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 Kushalnagar is presented in the table alongside.

Use of Axis Bank MICR code for Kushalnagar branch in kushalnagar

The MICR code 571211521 is used in RBI cheque clearing process to identify the branch Kushalnagar 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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