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Axis Bank Araria Araria Bihar MICR CODE

Find MICR Codes for Axis Bank Araria Araria Bihar

Bank
State
District
City
Branch
Address

MICR Code	854211002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Araria
Contact	(06453) 224820/21/47
Bank Details	Axis Bank Araria UTIB0002154

Location	Araria, Araria
City	Araria
District	Araria
State	Bihar
Pincode	854311
Country	IN
Address	Assam timber, adb chowk, araria, bihar, pin 854311

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 854211002 for Araria 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 854211002 of Axis Bank, Araria branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Araria 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 -

>>Araria

MICR code for Axis Bank Araria

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 Araria 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. 854211002 is the MICR code of Axis Bank for Araria branch. MICR code for Araria 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 Araria is presented in the table alongside.

Use of Axis Bank MICR code for Araria branch in araria

The MICR code 854211002 is used in RBI cheque clearing process to identify the branch Araria 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.