Axis Bank Nainital Haldwani Uttrakhand MICR CODE

Find MICR Codes for Axis Bank Nainital Haldwani Uttrakhand

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Haldwani
Contact 280522
Bank Details Axis Bank Haldwani UTIB0002758
Location Nainital, Haldwani
City Nainital
District Haldwani
State Uttrakhand
Pincode 263139
Country IN
Address Ground and first floor khasra no 154 khet no 260mi durga city centre haldwani
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 263211003 for Haldwani 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 263211003 of Axis Bank, Haldwani branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Haldwani 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 -

>>Haldwani

MICR code for Axis Bank Haldwani

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 Haldwani 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. 263211003 is the MICR code of Axis Bank for Haldwani branch. MICR code for Haldwani 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 Haldwani is presented in the table alongside.

Use of Axis Bank MICR code for Haldwani branch in nainital

The MICR code 263211003 is used in RBI cheque clearing process to identify the branch Haldwani 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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