Axis Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Chennai Chennai Tamil Nadu

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MICR Code	600211011
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Velachery Chennai(Tamil Nadu)
Contact	600042
Bank Details	Axis Bank Velachery Chennai(Tamil Nadu) UTIB0000234

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600042
Country	IN
Address	37-d, velachery-tambaram main road velachery

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.

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Velachery Chennai(Tamil Nadu) (600211011)

How does MICR code 600211011 for Velachery Chennai(Tamil Nadu) 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 600211011 of Axis Bank, Velachery Chennai(Tamil Nadu) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Velachery Chennai(Tamil Nadu) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 126 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank Velachery Chennai(Tamil Nadu)

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 Velachery Chennai(Tamil Nadu) 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. 600211011 is the MICR code of Axis Bank for Velachery Chennai(Tamil Nadu) branch. MICR code for Velachery Chennai(Tamil Nadu) 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 Velachery Chennai(Tamil Nadu) is presented in the table alongside.

Use of Axis Bank MICR code for Velachery Chennai(Tamil Nadu) branch in chennai

The MICR code 600211011 is used in RBI cheque clearing process to identify the branch Velachery Chennai(Tamil Nadu) 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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