MICR Code Bank
Find MICR code for Axis Bank Sivakasi branches in India for NEFT and RTGS transfer

Axis Bank Sivakasi MICR CODE

Find MICR Codes for Axis Bank Sivakasi

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  1. Axis Bank »
  2. Tamil Nadu »
  3. virudhunagar »
  4. sivakasi »
  5. sivakasi (tamil nadu)

Find MICR Codes for Axis Bank Sivakasi

MICR Code: 626211002
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Sivakasi (Tamil Nadu)
Contact: 626123
Bank Details: Axis Bank Sivakasi (Tamil Nadu) UTIB0000089
Location: Sivakasi, Virudhunagar
City: Sivakasi
District: Virudhunagar
State: Tamil Nadu
Pincode:
Country: IN
Address: 64 n r k r rajarathinam street sivakasi

How does MICR code for sivakasi 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 of Axis Bank, sivakasi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for sivakasi 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

>>Sivakasi (Tamil Nadu)

MICR code for Axis Bank sivakasi

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

Use of Axis Bank MICR code for sivakasi branch in sivakasi

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