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Axis Bank Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Axis Bank Hyderabad Hyderabad Telangana

Bank
State
District
City
Branch
Address

MICR Code	500211058
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nizampet
Contact	23893453
Bank Details	Axis Bank Nizampet UTIB0002960

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Telangana
Pincode	500090
Country	IN
Address	Haritha complex 31002b nizampet quthbullapur mandal ranga reddy district hyderabad 500090

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 500211058 for Nizampet 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 500211058 of Axis Bank, Nizampet branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nizampet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 48 branches of Axis Bank are available with micr code -

>>Alkapuri >>Ap Rajarajeswari Mahila Coop Urban >>Attapur >>Bahadurpura >>Balaji Nagar >>Bandlaguda >>Bn Reddy Nagar >>Botanical Garden >>Dd Colony >>Dharamkaramroad >>Financial District >>Gajularamaram >>Gandhi Nagar Branch >>Gayathrinagar >>Hitech City >>Hydernagar >>Image Garden >>Jp Nagar >>Kattedan >>Kavuri Hills >>Krishna Nagar >>Madhuranagar >>Malkajgiri Main Road >>Mehdipatnam Junction Road >>Nacharam >>Nanakramguda >>Nanalnagar >>Narsingi >>Nizampet >>Oldbowenpally >>Panjagutta >>Pragathi Nagar >>Ramnagar Main Road >>Road No Ten Jubilee Hills >>S D Road Secunderabad >>S P Road Secunderabad >>Sainikpuri >>Sanath Nagar >>Saroornagar >>Seven Hills Cooperative Urban Bank >>Sreenivasa Padmavathi Coop Urban Bank Ltd >>Suncity >>The Catholic Coop Urban Bank Ltd >>The Kranthi Coop Urban Bank Ltd >>Vanasthalipuram >>Vijayanagar Colony >>Vikrampuri >>Vivekanandanagar

MICR code for Axis Bank Nizampet

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 Nizampet 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. 500211058 is the MICR code of Axis Bank for Nizampet branch. MICR code for Nizampet 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 Nizampet is presented in the table alongside.

Use of Axis Bank MICR code for Nizampet branch in hyderabad

The MICR code 500211058 is used in RBI cheque clearing process to identify the branch Nizampet 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.