Axis Bank Kurnool Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Kurnool Kurnool Andhra Pradesh

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MICR Code	518211563
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Verrupapuram
Contact	9866501420
Bank Details	Axis Bank Verrupapuram UTIB0002134

Location	Kurnool, Kurnool
City	Kurnool
District	Kurnool
State	Andhra Pradesh
Pincode	518346
Country	IN
Address	House no.238, s verrupapuram, mandal:alaruvi, taluk:alur, dist.kurnool, andhra pradesh, pin 518346

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 518211563 for Verrupapuram 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 518211563 of Axis Bank, Verrupapuram branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Verrupapuram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Axis Bank are available with micr code -

>>Bethamcherla >>Kurnool >>Kurnool (Andhra Pradesh) >>Peddahottur >>Ungaranigundla >>Venkata Ramana Colony >>Verrupapuram >>Yemmiganur

MICR code for Axis Bank Verrupapuram

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 Verrupapuram 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. 518211563 is the MICR code of Axis Bank for Verrupapuram branch. MICR code for Verrupapuram 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 Verrupapuram is presented in the table alongside.

Use of Axis Bank MICR code for Verrupapuram branch in kurnool

The MICR code 518211563 is used in RBI cheque clearing process to identify the branch Verrupapuram 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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