Axis Bank Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Visakhapatnam Visakhapatnam Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	530211014
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Rama Talkies Junction
Contact	2469318
Bank Details	Axis Bank Rama Talkies Junction UTIB0003247

Location	Visakhapatnam, Visakhapatnam
City	Visakhapatnam
District	Visakhapatnam
State	Andhra Pradesh
Pincode	530013
Country	IN
Address	Sri ramasai gayatri arcade 48 6 20 srinagar opp rama talkies visakhapatnam 530013

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 530211014 for Rama Talkies Junction 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 530211014 of Axis Bank, Rama Talkies Junction branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rama Talkies Junction branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Axis Bank are available with micr code -

>>Atchutapuram >>Chinnawaltair >>Chodavaram >>Dabagardens Visakhapatnam >>Kurmannapalem >>Rama Talkies Junction >>Sujatha Nagar >>Tagarapuvalasa >>Yelamanchili

MICR code for Axis Bank Rama Talkies Junction

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 Rama Talkies Junction 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. 530211014 is the MICR code of Axis Bank for Rama Talkies Junction branch. MICR code for Rama Talkies Junction 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 Rama Talkies Junction is presented in the table alongside.

Use of Axis Bank MICR code for Rama Talkies Junction branch in visakhapatnam

The MICR code 530211014 is used in RBI cheque clearing process to identify the branch Rama Talkies Junction 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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