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Axis Bank Bagaha Bettiah Jharkhand MICR CODE

Find MICR Codes for Axis Bank Bagaha Bettiah Jharkhand

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bagaha
Contact 9608672929
Bank Details Axis Bank Bagaha UTIB0003417
Location Bagaha, Bettiah
City Bagaha
District Bettiah
State Jharkhand
Pincode
Country IN
Address Bank rd bagaha bazar west champaran bagaha
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 845211103 for Bagaha 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 845211103 of Axis Bank, Bagaha branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bagaha 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 -

>>Bagaha

MICR code for Axis Bank Bagaha

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 Bagaha 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. 845211103 is the MICR code of Axis Bank for Bagaha branch. MICR code for Bagaha 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 Bagaha is presented in the table alongside.

Use of Axis Bank MICR code for Bagaha branch in bagaha

The MICR code 845211103 is used in RBI cheque clearing process to identify the branch Bagaha 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.