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Axis Bank Hassan Hassan Karnataka MICR CODE

Find MICR Codes for Axis Bank Hassan Hassan Karnataka

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hassan (Karnataka)
Contact 573201
Bank Details Axis Bank Hassan (Karnataka) UTIB0000203
Location Hassan, Hassan
City Hassan
District Hassan
State Karnataka
Pincode 573201
Country IN
Address Ground floor, lalitha krupa, b.m.road, hassan
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 Hassan (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 0 of Axis Bank, Hassan (Karnataka) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Hassan (Karnataka) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Axis Bank are available with micr code -

>>B M Road Hassan >>Hassan (Karnataka) >>Hassan District Coop Central Bank >>The City Cooperative Bank Ltd

MICR code for Axis Bank Hassan (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 Hassan (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. 0 is the MICR code of Axis Bank for Hassan (Karnataka) branch. MICR code for Hassan (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 Hassan (Karnataka) is presented in the table alongside.

Use of Axis Bank MICR code for Hassan (Karnataka) branch in hassan

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hassan (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.