Axis Bank Ghataprabha Belgavi Karnataka MICR CODE

Find MICR Codes for Axis Bank Ghataprabha Belgavi Karnataka

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs
Contact 8332-286235
Bank Details Axis Bank The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs UTIB0SMUCBL
Location Ghataprabha, Belgavi
City Ghataprabha
District Belgavi
State Karnataka
Pincode 591306
Country IN
Address Opp pattan panchayat mallapur pg hno 1624, hossamath galli, mallapur pg 591306
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 The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs 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, The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs branch makes the system almost error free and faster. Use of Axis Bank MICR codes for The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs 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 -

>>The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs

MICR code for Axis Bank The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs

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 The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs 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 The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs branch. MICR code for The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs 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 The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs is presented in the table alongside.

Use of Axis Bank MICR code for The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs branch in ghataprabha

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Mallapur Urban Co Operative Bank Ltd Ghataprabha Rs 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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