Axis Bank Karur Karur Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Karur Karur Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vengamedu Karur
Contact 220022
Bank Details Axis Bank Vengamedu Karur UTIB0003699
Location Karur, Karur
City Karur
District Karur
State Tamil Nadu
Pincode 639006
Country IN
Address Tgv buildings, no 63, salem main road, vengamedu, karur
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 639211003 for Vengamedu Karur 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 639211003 of Axis Bank, Vengamedu Karur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Vengamedu Karur branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Karur (Tamil Nadu) >>Vengamedu Karur

MICR code for Axis Bank Vengamedu Karur

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 Vengamedu Karur 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. 639211003 is the MICR code of Axis Bank for Vengamedu Karur branch. MICR code for Vengamedu Karur 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 Vengamedu Karur is presented in the table alongside.

Use of Axis Bank MICR code for Vengamedu Karur branch in karur

The MICR code 639211003 is used in RBI cheque clearing process to identify the branch Vengamedu Karur 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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