Axis Bank Poonamalle Thiruvallur Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Poonamalle Thiruvallur Tamil Nadu

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Poonamallee
Contact (044) 26272141/ 42/ 43
Bank Details Axis Bank Poonamallee UTIB0001182
Location Poonamalle, Thiruvallur
City Poonamalle
District Thiruvallur
State Tamil Nadu
Pincode 600056
Country IN
Address Door no.311/1, 52 a,poonamalle trunk road,poonamalle,chennai,tamil nadu, pin 600056
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 600211038 for Poonamallee 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 600211038 of Axis Bank, Poonamallee branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Poonamallee 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 -

>>Poonamallee

MICR code for Axis Bank Poonamallee

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 Poonamallee 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. 600211038 is the MICR code of Axis Bank for Poonamallee branch. MICR code for Poonamallee 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 Poonamallee is presented in the table alongside.

Use of Axis Bank MICR code for Poonamallee branch in poonamalle

The MICR code 600211038 is used in RBI cheque clearing process to identify the branch Poonamallee 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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