Axis Bank Mysore Bangalore Karnataka MICR CODE

Find MICR Codes for Axis Bank Mysore Bangalore Karnataka

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MICR Code	570211006
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Siddartha Layout
Contact	2472013
Bank Details	Axis Bank Siddartha Layout UTIB0003341

Location	Mysore, Bangalore
City	Mysore
District	Bangalore
State	Karnataka
Pincode	560067
Country	IN
Address	No 825 13a cross siddartha ++layout nazarabad mohalla mysore 570011

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 570211006 for Siddartha Layout 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 570211006 of Axis Bank, Siddartha Layout branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Siddartha Layout 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 -

>>Siddartha Layout

MICR code for Axis Bank Siddartha Layout

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 Siddartha Layout 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. 570211006 is the MICR code of Axis Bank for Siddartha Layout branch. MICR code for Siddartha Layout 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 Siddartha Layout is presented in the table alongside.

Use of Axis Bank MICR code for Siddartha Layout branch in mysore

The MICR code 570211006 is used in RBI cheque clearing process to identify the branch Siddartha Layout 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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