Axis Bank Nagercoil Nagercoil Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Nagercoil Nagercoil Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Medical College Road Nagercoil
Contact 237050
Bank Details Axis Bank Medical College Road Nagercoil UTIB0003422
Location Nagercoil, Nagercoil
City Nagercoil
District Nagercoil
State Tamil Nadu
Pincode 629003
Country IN
Address No 3 259 1 ananthanpalam medical college road asaripallam post nagercoil 629 201
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 629211003 for Medical College Road Nagercoil 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 629211003 of Axis Bank, Medical College Road Nagercoil branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Medical College Road Nagercoil branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Medical College Road Nagercoil >>Vadasery Nagercoil

MICR code for Axis Bank Medical College Road Nagercoil

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 Medical College Road Nagercoil 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. 629211003 is the MICR code of Axis Bank for Medical College Road Nagercoil branch. MICR code for Medical College Road Nagercoil 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 Medical College Road Nagercoil is presented in the table alongside.

Use of Axis Bank MICR code for Medical College Road Nagercoil branch in nagercoil

The MICR code 629211003 is used in RBI cheque clearing process to identify the branch Medical College Road Nagercoil 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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