Axis Bank Yaragatti Belgaum Karnataka MICR CODE

Find MICR Codes for Axis Bank Yaragatti Belgaum Karnataka

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MICR Code	591886501
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Yaragatti Urban Coop Credit Bank
Contact	254249
Bank Details	Axis Bank Yaragatti Urban Coop Credit Bank UTIB0STYUCB

Location	Yaragatti, Belgaum
City	Yaragatti
District	Belgaum
State	Karnataka
Pincode
Country	IN
Address	Gp 1303 m g road the yaragatti urban coop bank ap yaragatti tq savadatti

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.

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Yaragatti Urban Coop Credit Bank (591886501)

How does MICR code 591886501 for Yaragatti Urban Coop Credit Bank 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 591886501 of Axis Bank, Yaragatti Urban Coop Credit Bank branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Yaragatti Urban Coop Credit Bank 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 -

>>Yaragatti Urban Coop Credit Bank

MICR code for Axis Bank Yaragatti Urban Coop Credit Bank

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 Yaragatti Urban Coop Credit Bank 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. 591886501 is the MICR code of Axis Bank for Yaragatti Urban Coop Credit Bank branch. MICR code for Yaragatti Urban Coop Credit Bank 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 Yaragatti Urban Coop Credit Bank is presented in the table alongside.

Use of Axis Bank MICR code for Yaragatti Urban Coop Credit Bank branch in yaragatti

The MICR code 591886501 is used in RBI cheque clearing process to identify the branch Yaragatti Urban Coop Credit Bank 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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