Axis Bank Neyveli Cuddalore Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Neyveli Cuddalore Tamil Nadu

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MICR Code	600211102
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Neyveli
Contact	04142 - 255900
Bank Details	Axis Bank Neyveli UTIB0002207

Location	Neyveli, Cuddalore
City	Neyveli
District	Cuddalore
State	Tamil Nadu
Pincode	607308
Country	IN
Address	Spt mani nagar, opp to neyveli arch,vadakathu village,panruti- kumbakonam road,gandhi nagar po, neyveli,dist. Cuddalore, tamil nadu, pin 607308

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 600211102 for Neyveli 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 600211102 of Axis Bank, Neyveli branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Neyveli 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 -

>>Neyveli

MICR code for Axis Bank Neyveli

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 Neyveli 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. 600211102 is the MICR code of Axis Bank for Neyveli branch. MICR code for Neyveli 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 Neyveli is presented in the table alongside.

Use of Axis Bank MICR code for Neyveli branch in neyveli

The MICR code 600211102 is used in RBI cheque clearing process to identify the branch Neyveli 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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