Axis Bank Nilambur Malappuram Kerala MICR CODE

Find MICR Codes for Axis Bank Nilambur Malappuram Kerala

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MICR Code	679211102
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nilambur
Contact	04931 - 224246 , 224247 fax : 04931 - 224248
Bank Details	Axis Bank Nilambur UTIB0001846

Location	Nilambur, Malappuram
City	Nilambur
District	Malappuram
State	Kerala
Pincode	679329
Country	IN
Address	Building no. 10/12,ayisha tower, keerthi padi,opp. Sree subramanya swamy temple,nilambur - 679 329, district : malappuram , state : kerala

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 679211102 for Nilambur 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 679211102 of Axis Bank, Nilambur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nilambur 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 -

>>Nilambur

MICR code for Axis Bank Nilambur

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 Nilambur 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. 679211102 is the MICR code of Axis Bank for Nilambur branch. MICR code for Nilambur 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 Nilambur is presented in the table alongside.

Use of Axis Bank MICR code for Nilambur branch in nilambur

The MICR code 679211102 is used in RBI cheque clearing process to identify the branch Nilambur 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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