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Axis Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Axis Bank Ludhiana Ludhiana Punjab

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baran Hara
Contact Shri Bhupinder Singh 9855200481
Bank Details Axis Bank Baran Hara UTIB0001984
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 142027
Country IN
Address Ground floor,plot no. 15, village baran hara, tehsil ludhiana, distt. Ludhiana, punjab, pin 142027
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 141211015 for Baran Hara 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 141211015 of Axis Bank, Baran Hara branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Baran Hara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Baran Hara

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 Baran Hara 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. 141211015 is the MICR code of Axis Bank for Baran Hara branch. MICR code for Baran Hara 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 Baran Hara is presented in the table alongside.

Use of Axis Bank MICR code for Baran Hara branch in ludhiana

The MICR code 141211015 is used in RBI cheque clearing process to identify the branch Baran Hara 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.