Axis Bank Nellore Naidupet Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Nellore Naidupet Andhra Pradesh

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Naidupet
Contact
Bank Details	Axis Bank Naidupet UTIB0004164

Location	Nellore, Naidupet
City	Nellore
District	Naidupet
State	Andhra Pradesh
Pincode	524126
Country	IN
Address	Ground floor no 4 2 157 srikalahasti bypass road naidupet nellore dt 524126

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

>>Naidupet

MICR code for Axis Bank Naidupet

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 Naidupet 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 Naidupet branch. MICR code for Naidupet 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 Naidupet is presented in the table alongside.

Use of Axis Bank MICR code for Naidupet branch in nellore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Naidupet 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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