Axis Bank Palakkad Palakkad Kerala MICR CODE

Find MICR Codes for Axis Bank Palakkad Palakkad Kerala

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MICR Code	678211002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Palakkad Kerala
Contact	678014
Bank Details	Axis Bank Palakkad Kerala UTIB0000347

Location	Palakkad, Palakkad
City	Palakkad
District	Palakkad
State	Kerala
Pincode	678014
Country	IN
Address	City centre english church road

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 678211002 for Palakkad Kerala 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 678211002 of Axis Bank, Palakkad Kerala branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Palakkad Kerala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Axis Bank are available with micr code -

>>Chandranagar >>Olavakkode >>Palakkad District Co Op. Bank Ltd >>Palakkad Kerala >>Palghat Coop Urban Bank

MICR code for Axis Bank Palakkad Kerala

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 Palakkad Kerala 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. 678211002 is the MICR code of Axis Bank for Palakkad Kerala branch. MICR code for Palakkad Kerala 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 Palakkad Kerala is presented in the table alongside.

Use of Axis Bank MICR code for Palakkad Kerala branch in palakkad

The MICR code 678211002 is used in RBI cheque clearing process to identify the branch Palakkad Kerala 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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