Axis Bank Chengannur Alleppy Kerala MICR CODE

Find MICR Codes for Axis Bank Chengannur Alleppy Kerala

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chengannur
Contact 9072629891
Bank Details Axis Bank Chengannur UTIB0002989
Location Chengannur, Alleppy
City Chengannur
District Alleppy
State Kerala
Pincode 689121
Country IN
Address Prime tower no 913 m c road chengannur 689121
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 689211052 for Chengannur 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 689211052 of Axis Bank, Chengannur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Chengannur 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 -

>>Chengannur

MICR code for Axis Bank Chengannur

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 Chengannur 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. 689211052 is the MICR code of Axis Bank for Chengannur branch. MICR code for Chengannur 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 Chengannur is presented in the table alongside.

Use of Axis Bank MICR code for Chengannur branch in chengannur

The MICR code 689211052 is used in RBI cheque clearing process to identify the branch Chengannur 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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