Axis Bank Gariaband Gariaband Chandigarh MICR CODE

Find MICR Codes for Axis Bank Gariaband Gariaband Chandigarh

Bank
State
District
City
Branch
Address

MICR Code	493211505
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gariyaband
Contact	241600
Bank Details	Axis Bank Gariyaband UTIB0003038

Location	Gariaband, Gariaband
City	Gariaband
District	Gariaband
State	Chandigarh
Pincode	160017
Country	IN
Address	Ground floor khasra no 891 ph no 25 bhuteswar chowk paragaon road gariyaband pin 493889

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 493211505 for Gariyaband 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 493211505 of Axis Bank, Gariyaband branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gariyaband 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 -

>>Gariyaband

MICR code for Axis Bank Gariyaband

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 Gariyaband 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. 493211505 is the MICR code of Axis Bank for Gariyaband branch. MICR code for Gariyaband 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 Gariyaband is presented in the table alongside.

Use of Axis Bank MICR code for Gariyaband branch in gariaband

The MICR code 493211505 is used in RBI cheque clearing process to identify the branch Gariyaband 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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