Axis Bank Mangalore Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for Axis Bank Mangalore Dakshin Kannad Karnataka

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Surathkal Mangalore
Contact (0824) 4254997/4254998
Bank Details Axis Bank Surathkal Mangalore UTIB0001137
Location Mangalore, Dakshin Kannad
City Mangalore
District Dakshin Kannad
State Karnataka
Pincode 575014
Country IN
Address Vidyadayinee institute of agriculture & rural development complex,s.no.166/icu, iddya village,surathkal, dist. Dakshina kannada,mangalore, karnataka, pin 575014
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 575211005 for Surathkal Mangalore 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 575211005 of Axis Bank, Surathkal Mangalore branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Surathkal Mangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Surathkal Mangalore

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 Surathkal Mangalore 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. 575211005 is the MICR code of Axis Bank for Surathkal Mangalore branch. MICR code for Surathkal Mangalore 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 Surathkal Mangalore is presented in the table alongside.

Use of Axis Bank MICR code for Surathkal Mangalore branch in mangalore

The MICR code 575211005 is used in RBI cheque clearing process to identify the branch Surathkal Mangalore 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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