Axis Bank Panipat Panipat Haryana MICR CODE

Find MICR Codes for Axis Bank Panipat Panipat Haryana

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chhichhrana
Contact 9255210929
Bank Details Axis Bank Chhichhrana UTIB0006011
Location Panipat, Panipat
City Panipat
District Panipat
State Haryana
Pincode 132103
Country IN
Address Ground floor, part of khewat no 210, village chhichhrana, near rishukal sr sec school tehsil israna panipat
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 Chhichhrana 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, Chhichhrana branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Chhichhrana branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Chhichhrana

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

Use of Axis Bank MICR code for Chhichhrana branch in panipat

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