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Axis Bank Digapahandi Gajapati Orissa MICR CODE

Find MICR Codes for Axis Bank Digapahandi Gajapati Orissa

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Digapahndi
Contact 9040712344
Bank Details Axis Bank Digapahndi UTIB0002887
Location Digapahandi, Gajapati
City Digapahandi
District Gajapati
State Orissa
Pincode 761012
Country IN
Address Ground floor main road ward no1 digapahandi odisha pin 761012
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 761211110 for Digapahndi 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 761211110 of Axis Bank, Digapahndi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Digapahndi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Axis Bank are available with micr code -

>>Digapahndi

MICR code for Axis Bank Digapahndi

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 Digapahndi 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. 761211110 is the MICR code of Axis Bank for Digapahndi branch. MICR code for Digapahndi 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 Digapahndi is presented in the table alongside.

Use of Axis Bank MICR code for Digapahndi branch in digapahandi

The MICR code 761211110 is used in RBI cheque clearing process to identify the branch Digapahndi 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.