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Axis Bank Bargarh Bargah Orissa MICR CODE

Find MICR Codes for Axis Bank Bargarh Bargah Orissa

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bargarh (Orissa)
Contact (06646) 247 391/92/93
Bank Details Axis Bank Bargarh (Orissa) UTIB0000492
Location Bargarh, Bargah
City Bargarh
District Bargah
State Orissa
Pincode 768028
Country IN
Address Chanda market complex nh 6, bargarh ,orissa,768028
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 768211003 for Bargarh (Orissa) 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 768211003 of Axis Bank, Bargarh (Orissa) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bargarh (Orissa) 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 -

>>Bargarh (Orissa)

MICR code for Axis Bank Bargarh (Orissa)

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 Bargarh (Orissa) 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. 768211003 is the MICR code of Axis Bank for Bargarh (Orissa) branch. MICR code for Bargarh (Orissa) 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 Bargarh (Orissa) is presented in the table alongside.

Use of Axis Bank MICR code for Bargarh (Orissa) branch in bargarh

The MICR code 768211003 is used in RBI cheque clearing process to identify the branch Bargarh (Orissa) 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.