Axis Bank Ottapalam Palakkad Kerala MICR CODE

Find MICR Codes for Axis Bank Ottapalam Palakkad Kerala

Bank
State
District
City
Branch
Address

MICR Code	679211002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ottapalam
Contact	9562775767
Bank Details	Axis Bank Ottapalam UTIB0002164

Location	Ottapalam, Palakkad
City	Ottapalam
District	Palakkad
State	Kerala
Pincode	679101
Country	IN
Address	D. No. Vii/434/1,2,3, ground floor, palakkad main road, ottapalam - 679 101

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 679211002 for Ottapalam 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 679211002 of Axis Bank, Ottapalam branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ottapalam 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 -

>>Ottapalam

MICR code for Axis Bank Ottapalam

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 Ottapalam 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. 679211002 is the MICR code of Axis Bank for Ottapalam branch. MICR code for Ottapalam 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 Ottapalam is presented in the table alongside.

Use of Axis Bank MICR code for Ottapalam branch in ottapalam

The MICR code 679211002 is used in RBI cheque clearing process to identify the branch Ottapalam 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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