Axis Bank Korba Korba Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Korba Korba Chhattisgarh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jalke
Contact 7759-8359903377
Bank Details Axis Bank Jalke UTIB0005161
Location Korba, Korba
City Korba
District Korba
State Chhattisgarh
Pincode
Country IN
Address Ground floor, atal samrasta building, korbi pasan road, po jalke, ps pasan, tehsil podi uparoda
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 Jalke 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, Jalke branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jalke branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Axis Bank are available with micr code -

>>Dipka >>Jalke >>Jamnipali >>Korba Chattisgarh

MICR code for Axis Bank Jalke

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 Jalke 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 Jalke branch. MICR code for Jalke 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 Jalke is presented in the table alongside.

Use of Axis Bank MICR code for Jalke branch in korba

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