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Axis Bank Jagdalpur Bastar Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Jagdalpur Bastar Chhattisgarh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.)
Contact 7782 - 228154
Bank Details Axis Bank Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) UTIB0SJSJ01
Location Jagdalpur, Bastar
City Jagdalpur
District Bastar
State Chhattisgarh
Pincode 494001
Country IN
Address District co-op bank,jagdalpur,chhattisgarh - 494001
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 494522002 for Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) 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 494522002 of Axis Bank, Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Jagdalpur >>Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.)

MICR code for Axis Bank Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.)

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 Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) 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. 494522002 is the MICR code of Axis Bank for Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) branch. MICR code for Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) 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 Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) is presented in the table alongside.

Use of Axis Bank MICR code for Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) branch in jagdalpur

The MICR code 494522002 is used in RBI cheque clearing process to identify the branch Jila Sahakari Kendriya Bank Maryadit Jagdalpur (C.G.) 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.