Axis Bank Korba Korba Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Korba Korba Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	495211303
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jamnipali
Contact	231098
Bank Details	Axis Bank Jamnipali UTIB0002572

Location	Korba, Korba
City	Korba
District	Korba
State	Chhattisgarh
Pincode	495450
Country	IN
Address	Plot no 8 pp complex sardar vallabh bhai patel nagar jamnipali katghor road korba 495450

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 495211303 for Jamnipali 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 495211303 of Axis Bank, Jamnipali branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jamnipali 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 Jamnipali

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 Jamnipali 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. 495211303 is the MICR code of Axis Bank for Jamnipali branch. MICR code for Jamnipali 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 Jamnipali is presented in the table alongside.

Use of Axis Bank MICR code for Jamnipali branch in korba

The MICR code 495211303 is used in RBI cheque clearing process to identify the branch Jamnipali 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!