Axis Bank Kakinada Kakinada Andhra Pradesh MICR CODE

Find MICR Codes for Axis Bank Kakinada Kakinada Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	533211005
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Tilak Street
Contact	2469318
Bank Details	Axis Bank Tilak Street UTIB0003246

Location	Kakinada, Kakinada
City	Kakinada
District	Kakinada
State	Andhra Pradesh
Pincode	533001
Country	IN
Address	Dno 37 1 19 ts no 398 part ward no 5 block no 6 tikal street 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 533211005 for Tilak Street 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 533211005 of Axis Bank, Tilak Street branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Tilak Street 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 -

>>Tilak Street

MICR code for Axis Bank Tilak Street

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 Tilak Street 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. 533211005 is the MICR code of Axis Bank for Tilak Street branch. MICR code for Tilak Street 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 Tilak Street is presented in the table alongside.

Use of Axis Bank MICR code for Tilak Street branch in kakinada

The MICR code 533211005 is used in RBI cheque clearing process to identify the branch Tilak Street 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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