Axis Bank Yanam Yanam Pondicherry MICR CODE

Find MICR Codes for Axis Bank Yanam Yanam Pondicherry

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MICR Code	533211152
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Yanam
Contact	2324422
Bank Details	Axis Bank Yanam UTIB0002809

Location	Yanam, Yanam
City	Yanam
District	Yanam
State	Pondicherry
Pincode	533464
Country	IN
Address	Door no 26016 mak heritage kaki street new bus stand road yanam india 533464

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 533211152 for Yanam 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 533211152 of Axis Bank, Yanam branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Yanam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Axis Bank are available with micr code -

>>Yanam

MICR code for Axis Bank Yanam

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 Yanam 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. 533211152 is the MICR code of Axis Bank for Yanam branch. MICR code for Yanam 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 Yanam is presented in the table alongside.

Use of Axis Bank MICR code for Yanam branch in yanam

The MICR code 533211152 is used in RBI cheque clearing process to identify the branch Yanam 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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