MICR Code Bank
Find MICR code for Axis Bank Bundi branches in India for NEFT and RTGS transfer

Axis Bank Bundi MICR CODE

Find MICR Codes for Axis Bank Bundi

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  1. Axis Bank »
  2. Rajasthan »
  3. bundi »
  4. bundi »
  5. bundi (rajasthan)

Find MICR Codes for Axis Bank Bundi

MICR Code: -NA-
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Bundi (Rajasthan)
Contact: (0747) 512 0700/ 0780/ 0781
Bank Details: Axis Bank Bundi (Rajasthan) UTIB0000583
Location: Bundi, Bundi
City: Bundi
District: Bundi
State: Rajasthan
Pincode: 323001
Country: IN
Address: Plot no. 1, new dhan mandi road,lanka gate commercial scheme,bundi 323 001, rajasthan

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

A total of 2 branches of Axis Bank are available with micr code

>>Bundi (Rajasthan) >>Dbu Bundi

MICR code for Axis Bank bundi

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

Use of Axis Bank MICR code for bundi branch in bundi

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