Axis Bank West Godavari West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank West Godavari West Godavari Andhra Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pothunuru
Contact 2469318
Bank Details Axis Bank Pothunuru UTIB0003476
Location West Godavari, West Godavari
City West Godavari
District West Godavari
State Andhra Pradesh
Pincode 534442
Country IN
Address Dno 6 20 gutta vari veedhi pothunuru denduluru mandal west godavari dt 534442
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 534211582 for Pothunuru 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 534211582 of Axis Bank, Pothunuru branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Pothunuru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Pothunuru >>Velagaleru

MICR code for Axis Bank Pothunuru

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 Pothunuru 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. 534211582 is the MICR code of Axis Bank for Pothunuru branch. MICR code for Pothunuru 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 Pothunuru is presented in the table alongside.

Use of Axis Bank MICR code for Pothunuru branch in west godavari

The MICR code 534211582 is used in RBI cheque clearing process to identify the branch Pothunuru 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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