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Axis Bank Patiala Anarana Chowk Patiala Punjab MICR CODE

Find MICR Codes for Axis Bank Patiala Anarana Chowk Patiala Punjab

Bank
State
District
City
Branch
Address

MICR Code	147211017
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Anardana Chowk Patiala
Contact	8054701955
Bank Details	Axis Bank Anardana Chowk Patiala UTIB0003497

Location	Patiala, Anarana Chowk Patiala
City	Patiala
District	Anarana Chowk Patiala
State	Punjab
Pincode	147001
Country	IN
Address	Gr flr and first flr property no 1292 4 1293 4

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 147211017 for Anardana Chowk Patiala 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 147211017 of Axis Bank, Anardana Chowk Patiala branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Anardana Chowk Patiala 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 -

>>Anardana Chowk Patiala

MICR code for Axis Bank Anardana Chowk Patiala

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 Anardana Chowk Patiala 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. 147211017 is the MICR code of Axis Bank for Anardana Chowk Patiala branch. MICR code for Anardana Chowk Patiala 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 Anardana Chowk Patiala is presented in the table alongside.

Use of Axis Bank MICR code for Anardana Chowk Patiala branch in patiala

The MICR code 147211017 is used in RBI cheque clearing process to identify the branch Anardana Chowk Patiala 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.