Axis Bank Bargarh Bargarh Orissa MICR CODE

Find MICR Codes for Axis Bank Bargarh Bargarh Orissa

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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	Bhatli
Contact	6646-9778478808
Bank Details	Axis Bank Bhatli UTIB0006095

Location	Bargarh, Bargarh
City	Bargarh
District	Bargarh
State	Orissa
Pincode	768028
Country	IN
Address	Ground floor, bhatli police station road , near bhatli bus stand, po ps bhatli, ward no 7

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 Bhatli 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, Bhatli branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhatli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Axis Bank are available with micr code -

>>Barpali >>Bhatli >>Bhatli Chowk >>Bheden >>Charpali

MICR code for Axis Bank Bhatli

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 Bhatli 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 Bhatli branch. MICR code for Bhatli 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 Bhatli is presented in the table alongside.

Use of Axis Bank MICR code for Bhatli branch in bargarh

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