Axis Bank Paidipally Karim Nagar Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Paidipally Karim Nagar Andhra Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Paidiparru (Andhra Pradesh)
Contact 534211
Bank Details Axis Bank Paidiparru (Andhra Pradesh) UTIB0000257
Location Paidipally, Karim Nagar
City Paidipally
District Karim Nagar
State Andhra Pradesh
Pincode
Country IN
Address Rsn.12/5, v somasundaram mansion,opp hero honda showroom, tadepalli gudem road,tanuku
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 Paidiparru (Andhra Pradesh) 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, Paidiparru (Andhra Pradesh) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Paidiparru (Andhra Pradesh) 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 -

>>Paidiparru (Andhra Pradesh)

MICR code for Axis Bank Paidiparru (Andhra Pradesh)

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 Paidiparru (Andhra Pradesh) 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 Paidiparru (Andhra Pradesh) branch. MICR code for Paidiparru (Andhra Pradesh) 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 Paidiparru (Andhra Pradesh) is presented in the table alongside.

Use of Axis Bank MICR code for Paidiparru (Andhra Pradesh) branch in paidipally

The MICR code 0 is used in RBI cheque clearing process to identify the branch Paidiparru (Andhra Pradesh) 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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