Axis Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Coimbatore Coimbatore Tamil Nadu

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vellalur
Contact	422-2363200
Bank Details	Axis Bank Vellalur UTIB0005750

Location	Coimbatore, Coimbatore
City	Coimbatore
District	Coimbatore
State	Tamil Nadu
Pincode
Country	IN
Address	No 5 37, ashokar street, vellalur, coimbatore

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 Vellalur 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, Vellalur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Vellalur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of Axis Bank are available with micr code -

>>Annur >>Avinashi Road Coimbatore >>Coimbatore Ramanathapuram >>Coimbatore Service Branch >>Cowley Brown Road >>Ganapathy >>Iruttupallam Coimbatore >>Kalapatti >>Kavundampalayam >>Kovaipudur >>Maniyakaranpalayam >>Peelamedu Coimbatore >>Periyanaickenpalayam >>Podanur >>Ramnagar Coimbatore >>Saibaba Colony Coimbatore >>Saravanampatti >>Singanallur >>Sivanandapuram >>Sulur >>Sundarapuram Coimbatore >>Thadagam Road Coimbatore >>Thudiyalur Coimbatore >>Town Hall >>Vellalur >>Vilankurichi

MICR code for Axis Bank Vellalur

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 Vellalur 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 Vellalur branch. MICR code for Vellalur 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 Vellalur is presented in the table alongside.

Use of Axis Bank MICR code for Vellalur branch in coimbatore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vellalur 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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