Axis Bank Hubli Dharwad Dharwad Karnataka MICR CODE

Find MICR Codes for Axis Bank Hubli Dharwad Dharwad Karnataka

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Ssk Co Op Bank Ltd
Contact 2363270
Bank Details Axis Bank The Ssk Co Op Bank Ltd UTIB0SSSKCB
Location Hubli Dharwad, Dharwad
City Hubli Dharwad
District Dharwad
State Karnataka
Pincode 580028
Country IN
Address Dajibanpeth, hubli, 580028
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 580914002 for The Ssk Co Op Bank Ltd 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 580914002 of Axis Bank, The Ssk Co Op Bank Ltd branch makes the system almost error free and faster. Use of Axis Bank MICR codes for The Ssk Co Op Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Axis Bank are available with micr code -

>>Dharwad Karnataka >>Gokul Road Hubli >>Hubli (Karnataka) >>The Ssk Co Op Bank Ltd >>Vidya Nagar Hubli

MICR code for Axis Bank The Ssk Co Op Bank Ltd

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 Ssk Co Op Bank Ltd 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. 580914002 is the MICR code of Axis Bank for The Ssk Co Op Bank Ltd branch. MICR code for The Ssk Co Op Bank Ltd 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 Ssk Co Op Bank Ltd is presented in the table alongside.

Use of Axis Bank MICR code for The Ssk Co Op Bank Ltd branch in hubli dharwad

The MICR code 580914002 is used in RBI cheque clearing process to identify the branch The Ssk Co Op Bank Ltd 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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