Axis Bank Dakshin Kannada Mangalore Karnataka MICR CODE

Find MICR Codes for Axis Bank Dakshin Kannada Mangalore Karnataka

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MICR Code	575211015
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mulki
Contact	82472-9008000894
Bank Details	Axis Bank Mulki UTIB0004830

Location	Dakshin Kannada, Mangalore
City	Dakshin Kannada
District	Mangalore
State	Karnataka
Pincode	574154
Country	IN
Address	Ground floor, city elina, beside mulki clinic and diagnostic centre, mulki 574154

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 575211015 for Mulki 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 575211015 of Axis Bank, Mulki branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Mulki 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 -

>>Kulshekara Mangalore >>Mulki

MICR code for Axis Bank Mulki

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 Mulki 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. 575211015 is the MICR code of Axis Bank for Mulki branch. MICR code for Mulki 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 Mulki is presented in the table alongside.

Use of Axis Bank MICR code for Mulki branch in dakshin kannada

The MICR code 575211015 is used in RBI cheque clearing process to identify the branch Mulki 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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