Axis Bank Durg Durg Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Durg Durg Chhattisgarh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dalli Rajhara
Contact (07748) 285092/ 093
Bank Details Axis Bank Dalli Rajhara UTIB0001995
Location Durg, Durg
City Durg
District Durg
State Chhattisgarh
Pincode 491228
Country IN
Address Ground floor jain mandir ward ward no. 22,dalli rajhara, dist. Balod,chattisgarh,pin 491228
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 491211504 for Dalli Rajhara 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 491211504 of Axis Bank, Dalli Rajhara branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Dalli Rajhara 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 -

>>Dalli Rajhara >>Durg Chattisgarh >>Jila Sahakari Kendriya Bank Maryadit Durg (C.G.) >>New Adarsh Nagar Durg >>Patan Durg

MICR code for Axis Bank Dalli Rajhara

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 Dalli Rajhara 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. 491211504 is the MICR code of Axis Bank for Dalli Rajhara branch. MICR code for Dalli Rajhara 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 Dalli Rajhara is presented in the table alongside.

Use of Axis Bank MICR code for Dalli Rajhara branch in durg

The MICR code 491211504 is used in RBI cheque clearing process to identify the branch Dalli Rajhara 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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