Axis Bank Chamoli Joshimath Uttrakhand MICR CODE

Find MICR Codes for Axis Bank Chamoli Joshimath Uttrakhand

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Joshimath
Contact 1389-8979296337
Bank Details Axis Bank Joshimath UTIB0006129
Location Chamoli, Joshimath
City Chamoli
District Joshimath
State Uttrakhand
Pincode 246443
Country IN
Address Ground floor, building name hotel sai dham, tcp market, marwadi chowk, joshimath jyotirmath, district chamoli, uttarakhand, pin 246443
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 Joshimath 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, Joshimath branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Joshimath 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 -

>>Joshimath

MICR code for Axis Bank Joshimath

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

Use of Axis Bank MICR code for Joshimath branch in chamoli

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