Axis Bank Kushtagi Koppal Karnataka MICR CODE

Find MICR Codes for Axis Bank Kushtagi Koppal Karnataka

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kushtagi
Contact (08536) 268024/ 25/ 26 (08536) 268023
Bank Details Axis Bank Kushtagi UTIB0001310
Location Kushtagi, Koppal
City Kushtagi
District Koppal
State Karnataka
Pincode 584121
Country IN
Address 20/308, shree shyam tourist home,kushtagi, dist. Koppal,karnataka, pin 584121
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.

Search Axis Bank MICR Codes in koppal

You can search through MICR Codes of Karnataka branches in kushtagi of District koppal in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Axis Bank are available with micr code -

>>Kushtagi

How to find MICR codes for Axis Bank in kushtagi?

Axis Bank kushtagi MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Axis Bank MICR codes list for kushtagi, one can further search by branch name specified in the table. You can find MICR codes for all Axis Bank kushtagi branches.

Axis Bank MICR code in kushtagi

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for kushtagi branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Axis Bank branches in kushtagi, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Axis Bank MICR code for kushtagi branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Axis Bank kushtagi branch, sprinted 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. Thus MICR code for Axis Bank kushtagi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for kushtagi branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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