Axis Bank Robertsonpet Kolar Karnataka MICR CODE

Find MICR Codes for Axis Bank Robertsonpet Kolar Karnataka

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Robertsonpet
Contact 7829940256
Bank Details Axis Bank Robertsonpet UTIB0004025
Location Robertsonpet, Kolar
City Robertsonpet
District Kolar
State Karnataka
Pincode 563122
Country IN
Address Gr flr no 112 jain temple street 4th block robertsonpet kgf kolar 563122
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 563211202 for Robertsonpet 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 563211202 of Axis Bank, Robertsonpet branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Robertsonpet 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 -

>>Robertsonpet

MICR code for Axis Bank Robertsonpet

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 Robertsonpet 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. 563211202 is the MICR code of Axis Bank for Robertsonpet branch. MICR code for Robertsonpet 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 Robertsonpet is presented in the table alongside.

Use of Axis Bank MICR code for Robertsonpet branch in robertsonpet

The MICR code 563211202 is used in RBI cheque clearing process to identify the branch Robertsonpet 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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