Axis Bank Forbesganj Araria Bihar MICR CODE

Find MICR Codes for Axis Bank Forbesganj Araria Bihar

Bank
State
District
City
Branch
Address

MICR Code	854211001
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Forbesganj
Contact	9835644633
Bank Details	Axis Bank Forbesganj UTIB0003178

Location	Forbesganj, Araria
City	Forbesganj
District	Araria
State	Bihar
Pincode	854318
Country	IN
Address	Ground floor db building holding no11 post office road forbisganj araria bihar 854318

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 854211001 for Forbesganj 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 854211001 of Axis Bank, Forbesganj branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Forbesganj 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 -

>>Forbesganj

MICR code for Axis Bank Forbesganj

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 Forbesganj 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. 854211001 is the MICR code of Axis Bank for Forbesganj branch. MICR code for Forbesganj 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 Forbesganj is presented in the table alongside.

Use of Axis Bank MICR code for Forbesganj branch in forbesganj

The MICR code 854211001 is used in RBI cheque clearing process to identify the branch Forbesganj 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.

Copied!