Axis Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Chennai Chennai Tamil Nadu

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MICR Code	600211063
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vepery
Contact	25612331 /3725612331
Bank Details	Axis Bank Vepery UTIB0001885

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600007
Country	IN
Address	Door no 16,evk sampath road, vepery,chennai,tamil nadu, pin 600007

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 600211063 for Vepery 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 600211063 of Axis Bank, Vepery branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Vepery 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 Vepery

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 Vepery 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. 600211063 is the MICR code of Axis Bank for Vepery branch. MICR code for Vepery 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 Vepery is presented in the table alongside.

Use of Axis Bank MICR code for Vepery branch in chennai

The MICR code 600211063 is used in RBI cheque clearing process to identify the branch Vepery 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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