Axis Bank Gokak Belgaum Karnataka MICR CODE

Find MICR Codes for Axis Bank Gokak Belgaum Karnataka

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gokak (Karnataka)
Contact (08332) 224 488/ 477
Bank Details Axis Bank Gokak (Karnataka) UTIB0000482
Location Gokak, Belgaum
City Gokak
District Belgaum
State Karnataka
Pincode 591307
Country IN
Address Cts no. 3200/a-1/a & b matru chaya building bus stand road, gokak ,karnataka,591307
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 591211002 for Gokak (Karnataka) 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 591211002 of Axis Bank, Gokak (Karnataka) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gokak (Karnataka) 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 -

>>Gokak (Karnataka)

MICR code for Axis Bank Gokak (Karnataka)

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 Gokak (Karnataka) 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. 591211002 is the MICR code of Axis Bank for Gokak (Karnataka) branch. MICR code for Gokak (Karnataka) 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 Gokak (Karnataka) is presented in the table alongside.

Use of Axis Bank MICR code for Gokak (Karnataka) branch in gokak

The MICR code 591211002 is used in RBI cheque clearing process to identify the branch Gokak (Karnataka) 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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