Axis Bank Tiptur Tumkur Karnataka MICR CODE

Find MICR Codes for Axis Bank Tiptur Tumkur Karnataka

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tiptur
Contact (08314) 250078/250088 / (08314) 250098
Bank Details Axis Bank Tiptur UTIB0001123
Location Tiptur, Tumkur
City Tiptur
District Tumkur
State Karnataka
Pincode 572201
Country IN
Address Vybhav mall, bangalore-honnavar road,tiptur, dist. Tumkur, karnataka, pin 572201
MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Merchants Cooperative Bank Limited
Contact 251153
Bank Details Axis Bank Merchants Cooperative Bank Limited UTIB0SMCBL1
Location Tiptur, Tumkur
City Tiptur
District Tumkur
State Karnataka
Pincode 572202
Country IN
Address Hosapet road tiptur tumkur district 572202
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.

Search Axis Bank MICR Codes in tumkur

You can search through MICR Codes of Karnataka branches in tiptur of District tumkur in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Axis Bank are available with micr code -

>>Merchants Cooperative Bank Limited >>Tiptur

How to find MICR codes for Axis Bank in tiptur?

Axis Bank tiptur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Axis Bank MICR codes list for tiptur, one can further search by branch name specified in the table. You can find MICR codes for all Axis Bank tiptur branches.

Axis Bank MICR code in tiptur

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for tiptur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Axis Bank branches in tiptur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Axis Bank MICR code for tiptur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Axis Bank tiptur branch, sprinted 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. Thus MICR code for Axis Bank tiptur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for tiptur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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