Axis Bank Jhansi Jhansi Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Jhansi Jhansi Uttar Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Babina
Contact 5174-8874203371
Bank Details Axis Bank Babina UTIB0005430
Location Jhansi, Jhansi
City Jhansi
District Jhansi
State Uttar Pradesh
Pincode
Country IN
Address Gf,arazi no 1884 1 late baijnath singh commercial market,main road babina
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 Babina 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, Babina branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Babina branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Axis Bank are available with micr code -

>>Babina >>Bhojla >>Goramacchiya >>Gursarai >>Jhansi (Uttar Pradesh) >>Kanpur Road Jhansi >>Kot Khera >>Manik Chowk

MICR code for Axis Bank Babina

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 Babina 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 Babina branch. MICR code for Babina 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 Babina is presented in the table alongside.

Use of Axis Bank MICR code for Babina branch in jhansi

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

Copied!