Axis Bank Panchkula Panchkula Haryana MICR CODE

Find MICR Codes for Axis Bank Panchkula Panchkula Haryana

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kakrali
Contact 8054011322
Bank Details Axis Bank Kakrali UTIB0002078
Location Panchkula, Panchkula
City Panchkula
District Panchkula
State Haryana
Pincode 134201
Country IN
Address Axis bank ltd.,ground floor, khewat no. 31, khatauni no. 37, khasra no. 90/1 (1-4)) village : kakrali - 134201 po : toda, tehsil & district : panchkula, haryana
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 133211009 for Kakrali 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 133211009 of Axis Bank, Kakrali branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kakrali branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Kakrali

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 Kakrali 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. 133211009 is the MICR code of Axis Bank for Kakrali branch. MICR code for Kakrali 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 Kakrali is presented in the table alongside.

Use of Axis Bank MICR code for Kakrali branch in panchkula

The MICR code 133211009 is used in RBI cheque clearing process to identify the branch Kakrali 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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