Axis Bank Uttara Kannada Yellapura Karnataka MICR CODE

Find MICR Codes for Axis Bank Uttara Kannada Yellapura Karnataka

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Yellapura
Contact 8419-9742264316
Bank Details Axis Bank Yellapura UTIB0006063
Location Uttara Kannada, Yellapura
City Uttara Kannada
District Yellapura
State Karnataka
Pincode
Country IN
Address No 452,sabgeri,yellapura main road,yellapura,uttara kannada,karnataka
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 0 for Yellapura 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 0 of Axis Bank, Yellapura branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Yellapura 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 -

>>Yellapura

MICR code for Axis Bank Yellapura

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 Yellapura 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. 0 is the MICR code of Axis Bank for Yellapura branch. MICR code for Yellapura 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 Yellapura is presented in the table alongside.

Use of Axis Bank MICR code for Yellapura branch in uttara kannada

The MICR code 0 is used in RBI cheque clearing process to identify the branch Yellapura 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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