Axis Bank Mysuru Mysuru Karnataka MICR CODE

Find MICR Codes for Axis Bank Mysuru Mysuru Karnataka

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jp Nagar Mysuru
Contact 2372345
Bank Details Axis Bank Jp Nagar Mysuru UTIB0003705
Location Mysuru, Mysuru
City Mysuru
District Mysuru
State Karnataka
Pincode 570008
Country IN
Address Ground floor, no 407, 10th main, ist stage, jp nagar, mysuru 570008
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 570211007 for Jp Nagar Mysuru 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 570211007 of Axis Bank, Jp Nagar Mysuru branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jp Nagar Mysuru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Jp Nagar Mysuru >>Nanjangud

MICR code for Axis Bank Jp Nagar Mysuru

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 Jp Nagar Mysuru 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. 570211007 is the MICR code of Axis Bank for Jp Nagar Mysuru branch. MICR code for Jp Nagar Mysuru 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 Jp Nagar Mysuru is presented in the table alongside.

Use of Axis Bank MICR code for Jp Nagar Mysuru branch in mysuru

The MICR code 570211007 is used in RBI cheque clearing process to identify the branch Jp Nagar Mysuru 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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