Axis Bank Bathinda Bathinda Punjab MICR CODE

Find MICR Codes for Axis Bank Bathinda Bathinda Punjab

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhagta Bhai Ka
Contact 165-9988924171
Bank Details Axis Bank Bhagta Bhai Ka UTIB0005397
Location Bathinda, Bathinda
City Bathinda
District Bathinda
State Punjab
Pincode
Country IN
Address Axis bank ltd,ground floor, khewat no 789,844,khatauni no 1430,1485 ,khasra no 162 14 and 162 15
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 Bhagta Bhai Ka 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, Bhagta Bhai Ka branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhagta Bhai Ka branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Bhagta Bhai Ka

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 Bhagta Bhai Ka 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 Bhagta Bhai Ka branch. MICR code for Bhagta Bhai Ka 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 Bhagta Bhai Ka is presented in the table alongside.

Use of Axis Bank MICR code for Bhagta Bhai Ka branch in bathinda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhagta Bhai Ka 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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