Axis Bank Tirupur Tirupur Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Tirupur Tirupur Tamil Nadu

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Perumanallur
Contact 2350211
Bank Details Axis Bank Perumanallur UTIB0003907
Location Tirupur, Tirupur
City Tirupur
District Tirupur
State Tamil Nadu
Pincode 641666
Country IN
Address Old s.no.2748, new.377.4, easwaran koil street, perumanallur 641666
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 641211111 for Perumanallur 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 641211111 of Axis Bank, Perumanallur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Perumanallur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Palladam Road Tirupur >>Perumanallur

MICR code for Axis Bank Perumanallur

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 Perumanallur 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. 641211111 is the MICR code of Axis Bank for Perumanallur branch. MICR code for Perumanallur 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 Perumanallur is presented in the table alongside.

Use of Axis Bank MICR code for Perumanallur branch in tirupur

The MICR code 641211111 is used in RBI cheque clearing process to identify the branch Perumanallur 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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