Axis Bank Y S R Kadapa Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Y S R Kadapa Andhra Pradesh

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ngo Colony Kadapa
Contact	8562-9963693768
Bank Details	Axis Bank Ngo Colony Kadapa UTIB0006083

Location	Y S R, Kadapa
City	Y S R
District	Kadapa
State	Andhra Pradesh
Pincode	516001
Country	IN
Address	D no 42, 218, s no 91, 1, 752, 2, ngos colony road, kadapa

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 Ngo Colony Kadapa 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, Ngo Colony Kadapa branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ngo Colony Kadapa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Axis Bank are available with micr code -

>>Ngo Colony Kadapa

MICR code for Axis Bank Ngo Colony Kadapa

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 Ngo Colony Kadapa 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 Ngo Colony Kadapa branch. MICR code for Ngo Colony Kadapa 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 Ngo Colony Kadapa is presented in the table alongside.

Use of Axis Bank MICR code for Ngo Colony Kadapa branch in y s r

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ngo Colony Kadapa 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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