Axis Bank Tirunelveli Tirunelveli Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Tirunelveli Tirunelveli Tamil Nadu

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ktc Nagar
Contact 2521506
Bank Details Axis Bank Ktc Nagar UTIB0003601
Location Tirunelveli, Tirunelveli
City Tirunelveli
District Tirunelveli
State Tamil Nadu
Pincode 627011
Country IN
Address Plot no. 5, pearl avenue, tuticorin main road, ktc nagar
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 627211013 for Ktc Nagar 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 627211013 of Axis Bank, Ktc Nagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ktc Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Ambasamudram >>Ktc Nagar >>Tirunelveli (Tamil Nadu)

MICR code for Axis Bank Ktc Nagar

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 Ktc Nagar 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. 627211013 is the MICR code of Axis Bank for Ktc Nagar branch. MICR code for Ktc Nagar 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 Ktc Nagar is presented in the table alongside.

Use of Axis Bank MICR code for Ktc Nagar branch in tirunelveli

The MICR code 627211013 is used in RBI cheque clearing process to identify the branch Ktc Nagar 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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