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Axis Bank Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for Axis Bank Calicut Kozhikode Kerala

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mavoor Road
Contact 9447053090
Bank Details Axis Bank Mavoor Road UTIB0002916
Location Calicut, Kozhikode
City Calicut
District Kozhikode
State Kerala
Pincode 673016
Country IN
Address Axis bank ltdward no29 surveyno 867 mavoor road calicut 673016 kerala
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 673211004 for Mavoor Road 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 673211004 of Axis Bank, Mavoor Road branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Mavoor Road 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 -

>>Kallai Road Kozhikode >>Kozhikode (Calicut) >>Malaparamba >>Mavoor Road

MICR code for Axis Bank Mavoor Road

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 Mavoor Road 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. 673211004 is the MICR code of Axis Bank for Mavoor Road branch. MICR code for Mavoor Road 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 Mavoor Road is presented in the table alongside.

Use of Axis Bank MICR code for Mavoor Road branch in calicut

The MICR code 673211004 is used in RBI cheque clearing process to identify the branch Mavoor Road 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.