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Axis Bank Jhargram Medinipur West Bengal MICR CODE

Find MICR Codes for Axis Bank Jhargram Medinipur West Bengal

Bank
State
District
City
Branch
Address

MICR Code	721211251
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jhargram
Contact	9432486681
Bank Details	Axis Bank Jhargram UTIB0002119

Location	Jhargram, Medinipur
City	Jhargram
District	Medinipur
State	West Bengal
Pincode	721507
Country	IN
Address	Ground and first floor raghunathpur p.o. And p.s. Jhargram jhargram pin 721507

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 721211251 for Jhargram 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 721211251 of Axis Bank, Jhargram branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jhargram 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 -

>>Jhargram

MICR code for Axis Bank Jhargram

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 Jhargram 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. 721211251 is the MICR code of Axis Bank for Jhargram branch. MICR code for Jhargram 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 Jhargram is presented in the table alongside.

Use of Axis Bank MICR code for Jhargram branch in jhargram

The MICR code 721211251 is used in RBI cheque clearing process to identify the branch Jhargram 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.