Axis Bank Kochi Ernakulam Kerala MICR CODE

Find MICR Codes for Axis Bank Kochi Ernakulam Kerala

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panampilly Nagar Kochi
Contact
Bank Details Axis Bank Panampilly Nagar Kochi UTIB0001499
Location Kochi, Ernakulam
City Kochi
District Ernakulam
State Kerala
Pincode 682036
Country IN
Address No. 27 / 704, a/a1/b/b1, g-282, panampilly nagar, main avenue, kochi - 682 036. Dist. Ernakulam, state - kerala
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 682211010 for Panampilly Nagar Kochi 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 682211010 of Axis Bank, Panampilly Nagar Kochi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Panampilly Nagar Kochi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Axis Bank are available with micr code -

>>Banerjee Road >>Edappally >>Elamakkara >>Kadavanthara >>Kochi >>Palarivattom Kerala >>Panampilly Nagar Kochi >>Service Branch Kochi >>Vennala >>Vytilla Kochi >>Willingdon Island

MICR code for Axis Bank Panampilly Nagar Kochi

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 Panampilly Nagar Kochi 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. 682211010 is the MICR code of Axis Bank for Panampilly Nagar Kochi branch. MICR code for Panampilly Nagar Kochi 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 Panampilly Nagar Kochi is presented in the table alongside.

Use of Axis Bank MICR code for Panampilly Nagar Kochi branch in kochi

The MICR code 682211010 is used in RBI cheque clearing process to identify the branch Panampilly Nagar Kochi 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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