Axis Bank Kodad Nalgonda Telangana MICR CODE

Find MICR Codes for Axis Bank Kodad Nalgonda Telangana

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sudha Coop Urban Bank Kodad
Contact 257267
Bank Details Axis Bank Sudha Coop Urban Bank Kodad UTIB0SSUD04
Location Kodad, Nalgonda
City Kodad
District Nalgonda
State Telangana
Pincode 508204
Country IN
Address 4113102 main road bhavani nagar kodad nalgonda pin 508204
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 Sudha Coop Urban Bank Kodad 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, Sudha Coop Urban Bank Kodad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sudha Coop Urban Bank Kodad 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 -

>>Sudha Coop Urban Bank Kodad

MICR code for Axis Bank Sudha Coop Urban Bank Kodad

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 Sudha Coop Urban Bank Kodad 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 Sudha Coop Urban Bank Kodad branch. MICR code for Sudha Coop Urban Bank Kodad 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 Sudha Coop Urban Bank Kodad is presented in the table alongside.

Use of Axis Bank MICR code for Sudha Coop Urban Bank Kodad branch in kodad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sudha Coop Urban Bank Kodad 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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