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Axis Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Axis Bank Bangalore Bangalore Urban Karnataka

Bank
State
District
City
Branch
Address

MICR Code	560211006
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Yelahanka
Contact	560064
Bank Details	Axis Bank Yelahanka UTIB0000094

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560064
Country	IN
Address	No 688 iii a cross opp.seshadripuram college new town yelahanka

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 560211006 for Yelahanka 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 560211006 of Axis Bank, Yelahanka branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Yelahanka branch, makes the characters readable even if there are other marks and stamps on it.

A total of 56 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank Yelahanka

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 Yelahanka 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. 560211006 is the MICR code of Axis Bank for Yelahanka branch. MICR code for Yelahanka 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 Yelahanka is presented in the table alongside.

Use of Axis Bank MICR code for Yelahanka branch in bangalore

The MICR code 560211006 is used in RBI cheque clearing process to identify the branch Yelahanka 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.