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Axis Bank Malda Maldah West Bengal MICR CODE

Find MICR Codes for Axis Bank Malda Maldah West Bengal

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch English Bazar Malda
Contact Shri Arindam De-03512-264113/116,03521-264117
Bank Details Axis Bank English Bazar Malda UTIB0001981
Location Malda, Maldah
City Malda
District Maldah
State West Bengal
Pincode 732101
Country IN
Address Ground floor,manaskamana road,english bazar, malda near sukanta more, holding no.(new)/11, ps:english bazar,malda, west bengal,pin 732101
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 732211103 for English Bazar Malda 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 732211103 of Axis Bank, English Bazar Malda branch makes the system almost error free and faster. Use of Axis Bank MICR codes for English Bazar Malda 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 -

>>English Bazar Malda

MICR code for Axis Bank English Bazar Malda

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 English Bazar Malda 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. 732211103 is the MICR code of Axis Bank for English Bazar Malda branch. MICR code for English Bazar Malda 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 English Bazar Malda is presented in the table alongside.

Use of Axis Bank MICR code for English Bazar Malda branch in malda

The MICR code 732211103 is used in RBI cheque clearing process to identify the branch English Bazar Malda 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.