Axis Bank Bhopal Berasia Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Bhopal Berasia Madhya Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Berasia
Contact	7565-9243234663
Bank Details	Axis Bank Berasia UTIB0006419

Location	Bhopal, Berasia
City	Bhopal
District	Berasia
State	Madhya Pradesh
Pincode	621306
Country	IN
Address	Ground floor shop number 3, 28, 29 and 30, khasra number 307 3 4 621 306, gram basai, berasia phn 24 rnm tehasil berasia

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 0 for Berasia 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 0 of Axis Bank, Berasia branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Berasia 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 -

>>Berasia

MICR code for Axis Bank Berasia

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 Berasia 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. 0 is the MICR code of Axis Bank for Berasia branch. MICR code for Berasia 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 Berasia is presented in the table alongside.

Use of Axis Bank MICR code for Berasia branch in bhopal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Berasia 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.

Copied!