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Axis Bank Bhagalpur Bhagalpur Bihar MICR CODE

Find MICR Codes for Axis Bank Bhagalpur Bhagalpur Bihar

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhagalpur Bihar
Contact	812001
Bank Details	Axis Bank Bhagalpur Bihar UTIB0000316

Location	Bhagalpur, Bhagalpur
City	Bhagalpur
District	Bhagalpur
State	Bihar
Pincode	812001
Country	IN
Address	34, patal babu road bhagalpur, bihar

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 0 for Bhagalpur Bihar 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 0 of Axis Bank, Bhagalpur Bihar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhagalpur Bihar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Axis Bank are available with micr code -

>>Bhagalpur Bihar >>Kahalgaon >>Mohdinagar Bhagalpur >>Nathnagar >>Sabour >>Tilkamanjhi Bhagalpur

MICR code for Axis Bank Bhagalpur Bihar

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 Bhagalpur Bihar 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. 0 is the MICR code of Axis Bank for Bhagalpur Bihar branch. MICR code for Bhagalpur Bihar 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 Bhagalpur Bihar is presented in the table alongside.

Use of Axis Bank MICR code for Bhagalpur Bihar branch in bhagalpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhagalpur Bihar 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.