Axis Bank East Godavari Prathipadu Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank East Godavari Prathipadu Andhra Pradesh

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Address

MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Prathipadu
Contact
Bank Details	Axis Bank Prathipadu UTIB0004165

Location	East Godavari, Prathipadu
City	East Godavari
District	Prathipadu
State	Andhra Pradesh
Pincode	533432
Country	IN
Address	Ground floor dno 3 102 rajugari veedhi near sbi prathipadu east godavari 533432

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

>>Prathipadu

MICR code for Axis Bank Prathipadu

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

Use of Axis Bank MICR code for Prathipadu branch in east godavari

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