Axis Bank Koppal Kushtagi Karnataka MICR CODE

Find MICR Codes for Axis Bank Koppal Kushtagi Karnataka

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kushtagi Pattana Sahakari Bank Ni Kushtagi
Contact 8536-267405
Bank Details Axis Bank Kushtagi Pattana Sahakari Bank Ni Kushtagi UTIB0SKPSBK
Location Koppal, Kushtagi
City Koppal
District Kushtagi
State Karnataka
Pincode
Country IN
Address Maruti circle kushtagi
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 0 for Kushtagi Pattana Sahakari Bank Ni Kushtagi 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 0 of Axis Bank, Kushtagi Pattana Sahakari Bank Ni Kushtagi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kushtagi Pattana Sahakari Bank Ni Kushtagi 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 -

>>Kushtagi Pattana Sahakari Bank Ni Kushtagi

MICR code for Axis Bank Kushtagi Pattana Sahakari Bank Ni Kushtagi

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 Kushtagi Pattana Sahakari Bank Ni Kushtagi 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. 0 is the MICR code of Axis Bank for Kushtagi Pattana Sahakari Bank Ni Kushtagi branch. MICR code for Kushtagi Pattana Sahakari Bank Ni Kushtagi 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 Kushtagi Pattana Sahakari Bank Ni Kushtagi is presented in the table alongside.

Use of Axis Bank MICR code for Kushtagi Pattana Sahakari Bank Ni Kushtagi branch in koppal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kushtagi Pattana Sahakari Bank Ni Kushtagi 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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