Axis Bank Nidadavole West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Nidadavole West Godavari Andhra Pradesh

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MICR Code	534211602
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nidadavole
Contact	226100
Bank Details	Axis Bank Nidadavole UTIB0003076

Location	Nidadavole, West Godavari
City	Nidadavole
District	West Godavari
State	Andhra Pradesh
Pincode	211532
Country	IN
Address	Door no 211532fa ward no 2 r s no 8381 yerramagudem road nidadavole ap 534301

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 534211602 for Nidadavole 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 534211602 of Axis Bank, Nidadavole branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nidadavole 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 -

>>Nidadavole

MICR code for Axis Bank Nidadavole

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 Nidadavole 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. 534211602 is the MICR code of Axis Bank for Nidadavole branch. MICR code for Nidadavole 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 Nidadavole is presented in the table alongside.

Use of Axis Bank MICR code for Nidadavole branch in nidadavole

The MICR code 534211602 is used in RBI cheque clearing process to identify the branch Nidadavole 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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