Axis Bank Chennai Kanchipuram Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Chennai Kanchipuram Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ramnagar Madipakkam
Contact 22582251
Bank Details Axis Bank Ramnagar Madipakkam UTIB0003876
Location Chennai, Kanchipuram
City Chennai
District Kanchipuram
State Tamil Nadu
Pincode
Country IN
Address No 935, ground floor, madipakkam bazaar road, madipakkam, chennai
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 600211103 for Ramnagar Madipakkam 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 600211103 of Axis Bank, Ramnagar Madipakkam branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ramnagar Madipakkam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Axis Bank are available with micr code -

>>Chrompet >>Keelkattalai >>Madambakkam >>Mudichur Road >>Pallikaranai >>Ramnagar Madipakkam >>Urapakkam

MICR code for Axis Bank Ramnagar Madipakkam

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 Ramnagar Madipakkam 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. 600211103 is the MICR code of Axis Bank for Ramnagar Madipakkam branch. MICR code for Ramnagar Madipakkam 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 Ramnagar Madipakkam is presented in the table alongside.

Use of Axis Bank MICR code for Ramnagar Madipakkam branch in chennai

The MICR code 600211103 is used in RBI cheque clearing process to identify the branch Ramnagar Madipakkam 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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