Axis Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Coimbatore Coimbatore Tamil Nadu

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thadagam Road Coimbatore
Contact 2403080
Bank Details Axis Bank Thadagam Road Coimbatore UTIB0003423
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641108
Country IN
Address No 477 thadagam road somayampalayam village kanuvai coimbatore 641 108
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 641211021 for Thadagam Road Coimbatore 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 641211021 of Axis Bank, Thadagam Road Coimbatore branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Thadagam Road Coimbatore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Thadagam Road Coimbatore

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 Thadagam Road Coimbatore 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. 641211021 is the MICR code of Axis Bank for Thadagam Road Coimbatore branch. MICR code for Thadagam Road Coimbatore 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 Thadagam Road Coimbatore is presented in the table alongside.

Use of Axis Bank MICR code for Thadagam Road Coimbatore branch in coimbatore

The MICR code 641211021 is used in RBI cheque clearing process to identify the branch Thadagam Road Coimbatore 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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