Axis Bank East Godavari Kakinada Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank East Godavari Kakinada Andhra Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Kakinada Coop Town Bank
Contact 2375918
Bank Details Axis Bank The Kakinada Coop Town Bank UTIB0SKCTBL
Location East Godavari, Kakinada
City East Godavari
District Kakinada
State Andhra Pradesh
Pincode 533001
Country IN
Address 26119temple street mainroad kakinada 533001
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 533839003 for The Kakinada Coop Town Bank 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 533839003 of Axis Bank, The Kakinada Coop Town Bank branch makes the system almost error free and faster. Use of Axis Bank MICR codes for The Kakinada Coop Town Bank 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 -

>>The Kakinada Coop Town Bank

MICR code for Axis Bank The Kakinada Coop Town Bank

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 The Kakinada Coop Town Bank 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. 533839003 is the MICR code of Axis Bank for The Kakinada Coop Town Bank branch. MICR code for The Kakinada Coop Town Bank 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 The Kakinada Coop Town Bank is presented in the table alongside.

Use of Axis Bank MICR code for The Kakinada Coop Town Bank branch in east godavari

The MICR code 533839003 is used in RBI cheque clearing process to identify the branch The Kakinada Coop Town Bank 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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