Axis Bank Jhansi Jhansi Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Jhansi Jhansi Uttar Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gursarai
Contact 5174-8874203371
Bank Details Axis Bank Gursarai UTIB0005348
Location Jhansi, Jhansi
City Jhansi
District Jhansi
State Uttar Pradesh
Pincode 284202
Country IN
Address Nai basti gf, ward no 11, moh katrawest, eirach main road, mauza gursarai, garautha, dist jhansi up 284202
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 0 for Gursarai 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 0 of Axis Bank, Gursarai branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gursarai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Axis Bank are available with micr code -

>>Babina >>Bhojla >>Goramacchiya >>Gursarai >>Jhansi (Uttar Pradesh) >>Kanpur Road Jhansi >>Kot Khera >>Manik Chowk

MICR code for Axis Bank Gursarai

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 Gursarai 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. 0 is the MICR code of Axis Bank for Gursarai branch. MICR code for Gursarai 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 Gursarai is presented in the table alongside.

Use of Axis Bank MICR code for Gursarai branch in jhansi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gursarai 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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