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Axis Bank Aizawl Aizawl Mizoram MICR CODE

Find MICR Codes for Axis Bank Aizawl Aizawl Mizoram

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bawngkawn
Contact 2397222
Bank Details Axis Bank Bawngkawn UTIB0004077
Location Aizawl, Aizawl
City Aizawl
District Aizawl
State Mizoram
Pincode 796014
Country IN
Address Ground floor b 3 12b sairang road beside bawngkawn police station po ps bawngkawn dist aizawl mizoram 796014
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 796211004 for Bawngkawn 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 796211004 of Axis Bank, Bawngkawn branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bawngkawn branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Bawngkawn >>Chhinga Veng >>Khatla

MICR code for Axis Bank Bawngkawn

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 Bawngkawn 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. 796211004 is the MICR code of Axis Bank for Bawngkawn branch. MICR code for Bawngkawn 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 Bawngkawn is presented in the table alongside.

Use of Axis Bank MICR code for Bawngkawn branch in aizawl

The MICR code 796211004 is used in RBI cheque clearing process to identify the branch Bawngkawn 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.