Axis Bank Prakasam Pamur Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Prakasam Pamur Andhra Pradesh

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MICR Code	523211006
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pamur
Contact	8490-295192
Bank Details	Axis Bank Pamur UTIB0004789

Location	Prakasam, Pamur
City	Prakasam
District	Pamur
State	Andhra Pradesh
Pincode
Country	IN
Address	D no 2 283 5 pvs buildings, nellore road, pamur, prakasam district, ap

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 523211006 for Pamur 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 523211006 of Axis Bank, Pamur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Pamur 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 -

>>Pamur

MICR code for Axis Bank Pamur

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 Pamur 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. 523211006 is the MICR code of Axis Bank for Pamur branch. MICR code for Pamur 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 Pamur is presented in the table alongside.

Use of Axis Bank MICR code for Pamur branch in prakasam

The MICR code 523211006 is used in RBI cheque clearing process to identify the branch Pamur 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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