Axis Bank Kancheepuram Chennai Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Kancheepuram Chennai Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pazhanthandalam
Contact 44-9171071220
Bank Details Axis Bank Pazhanthandalam UTIB0004962
Location Kancheepuram, Chennai
City Kancheepuram
District Chennai
State Tamil Nadu
Pincode 600044
Country IN
Address Door no 24 natesanar street, pazhanthandalam, chennai, tamilnadu, chennai 600044
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 Pazhanthandalam 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, Pazhanthandalam branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Pazhanthandalam 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 -

>>Pazhanthandalam >>Perumbakkam >>Perungalathur

MICR code for Axis Bank Pazhanthandalam

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 Pazhanthandalam 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 Pazhanthandalam branch. MICR code for Pazhanthandalam 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 Pazhanthandalam is presented in the table alongside.

Use of Axis Bank MICR code for Pazhanthandalam branch in kancheepuram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pazhanthandalam 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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