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Axis Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Axis Bank Bangalore Bangalore Urban Karnataka

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Majestic Bangalore
Contact (080) 4113 8997/ 98
Bank Details Axis Bank Majestic Bangalore UTIB0000693
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560009
Country IN
Address Plot no. 41, seshadri road anand rao circle bangalore 560 009, karnataka
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 682211005 for Majestic Bangalore 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 682211005 of Axis Bank, Majestic Bangalore branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Majestic Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Majestic Bangalore

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 Majestic Bangalore 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. 682211005 is the MICR code of Axis Bank for Majestic Bangalore branch. MICR code for Majestic Bangalore 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 Majestic Bangalore is presented in the table alongside.

Use of Axis Bank MICR code for Majestic Bangalore branch in bangalore

The MICR code 682211005 is used in RBI cheque clearing process to identify the branch Majestic Bangalore 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.