Axis Bank Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for Axis Bank Erode Erode Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	638211016
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Thirunagar Colony Erode
Contact	2251060
Bank Details	Axis Bank Thirunagar Colony Erode UTIB0003867

Location	Erode, Erode
City	Erode
District	Erode
State	Tamil Nadu
Pincode	638003
Country	IN
Address	311, iii street, thirunagar colony, erode-638003

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 638211016 for Thirunagar Colony Erode 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 638211016 of Axis Bank, Thirunagar Colony Erode branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Thirunagar Colony Erode branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Axis Bank are available with micr code -

>>Erode (Tamil Nadu) >>Erode Service Branch >>Gandhiji Road >>Mettunasuvampalavam >>Moolapalayam >>Perundurai >>Thindal Erode >>Thirunagar Colony Erode

MICR code for Axis Bank Thirunagar Colony Erode

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 Thirunagar Colony Erode 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. 638211016 is the MICR code of Axis Bank for Thirunagar Colony Erode branch. MICR code for Thirunagar Colony Erode 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 Thirunagar Colony Erode is presented in the table alongside.

Use of Axis Bank MICR code for Thirunagar Colony Erode branch in erode

The MICR code 638211016 is used in RBI cheque clearing process to identify the branch Thirunagar Colony Erode 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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