Axis Bank Fatehpur Baran Rajasthan MICR CODE

Find MICR Codes for Axis Bank Fatehpur Baran Rajasthan

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fatehpur
Contact 9462563799
Bank Details Axis Bank Fatehpur UTIB0002348
Location Fatehpur, Baran
City Fatehpur
District Baran
State Rajasthan
Pincode 332301
Country IN
Address Ground floor and first floor, shop no. 1,2,7,8 and 9, kissan market, bawri gate, near kedia guest house, fatehpur, pin- 332301
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 332211051 for Fatehpur 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 332211051 of Axis Bank, Fatehpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Fatehpur 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 -

>>Fatehpur

MICR code for Axis Bank Fatehpur

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 Fatehpur 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. 332211051 is the MICR code of Axis Bank for Fatehpur branch. MICR code for Fatehpur 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 Fatehpur is presented in the table alongside.

Use of Axis Bank MICR code for Fatehpur branch in fatehpur

The MICR code 332211051 is used in RBI cheque clearing process to identify the branch Fatehpur 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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