Axis Bank Tiruppur Tiruppur Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Tiruppur Tiruppur Tamil Nadu

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Perumanallur Road
Contact 421-8098602101
Bank Details Axis Bank Perumanallur Road UTIB0006294
Location Tiruppur, Tiruppur
City Tiruppur
District Tiruppur
State Tamil Nadu
Pincode 641602
Country IN
Address No 120, 713, perumanallur road, tirupur, tamil nadu 641602
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 Perumanallur 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 0 of Axis Bank, Perumanallur Road branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Perumanallur Road 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 -

>>Karanampettai >>Perumanallur Road

MICR code for Axis Bank Perumanallur 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 Perumanallur 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. 0 is the MICR code of Axis Bank for Perumanallur Road branch. MICR code for Perumanallur 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 Perumanallur Road is presented in the table alongside.

Use of Axis Bank MICR code for Perumanallur Road branch in tiruppur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Perumanallur 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.

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