Axis Bank Rasipuram Namakkal Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Rasipuram Namakkal Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Oduvankurichi
Contact 240701
Bank Details Axis Bank Oduvankurichi UTIB0003465
Location Rasipuram, Namakkal
City Rasipuram
District Namakkal
State Tamil Nadu
Pincode 637406
Country IN
Address No 40c tho jedarpalayam road oduvankurichi 637406
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 636211019 for Oduvankurichi 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 636211019 of Axis Bank, Oduvankurichi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Oduvankurichi 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 -

>>Oduvankurichi >>Rasipuram Tamil Nadu

MICR code for Axis Bank Oduvankurichi

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 Oduvankurichi 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. 636211019 is the MICR code of Axis Bank for Oduvankurichi branch. MICR code for Oduvankurichi 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 Oduvankurichi is presented in the table alongside.

Use of Axis Bank MICR code for Oduvankurichi branch in rasipuram

The MICR code 636211019 is used in RBI cheque clearing process to identify the branch Oduvankurichi 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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