Axis Bank Bangur Kolkata West Bengal MICR CODE

Find MICR Codes for Axis Bank Bangur Kolkata West Bengal

Bank
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Address

MICR Code	700211140
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bangur
Contact	7278101101
Bank Details	Axis Bank Bangur UTIB0003436

Location	Bangur, Kolkata
City	Bangur
District	Kolkata
State	West Bengal
Pincode	700055
Country	IN
Address	Gr flr destiny villa 270 block a bangur avenue po bangur ps lake town west bengal kolkata 700055

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 700211140 for Bangur 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 700211140 of Axis Bank, Bangur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bangur 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 -

>>Bangur

MICR code for Axis Bank Bangur

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 Bangur 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. 700211140 is the MICR code of Axis Bank for Bangur branch. MICR code for Bangur 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 Bangur is presented in the table alongside.

Use of Axis Bank MICR code for Bangur branch in bangur

The MICR code 700211140 is used in RBI cheque clearing process to identify the branch Bangur 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.

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