Axis Bank Tirupur Tirupur Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Tirupur Tirupur Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palladam Road Tirupur
Contact 421-2257325
Bank Details Axis Bank Palladam Road Tirupur UTIB0004894
Location Tirupur, Tirupur
City Tirupur
District Tirupur
State Tamil Nadu
Pincode
Country IN
Address Prithvi complex, 4 by 442 a, palladam main road, veerapandi, tirupur
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 641211112 for Palladam Road Tirupur 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 641211112 of Axis Bank, Palladam Road Tirupur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Palladam Road Tirupur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Kangeyam Road Tirupur >>Palladam Road Tirupur >>Perumanallur

MICR code for Axis Bank Palladam Road Tirupur

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 Palladam Road Tirupur 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. 641211112 is the MICR code of Axis Bank for Palladam Road Tirupur branch. MICR code for Palladam Road Tirupur 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 Palladam Road Tirupur is presented in the table alongside.

Use of Axis Bank MICR code for Palladam Road Tirupur branch in tirupur

The MICR code 641211112 is used in RBI cheque clearing process to identify the branch Palladam Road Tirupur 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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