Axis Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Axis Bank Ranchi Ranchi Jharkhand

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kanke Road Ranchi
Contact 7070486565
Bank Details Axis Bank Kanke Road Ranchi UTIB0002851
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834008
Country IN
Address Tara bhawan beside idbi bank ward no 2 new gonda town kanke road ranchi
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 834211008 for Kanke Road Ranchi 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 834211008 of Axis Bank, Kanke Road Ranchi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kanke Road Ranchi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Kanke Road Ranchi

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 Kanke Road Ranchi 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. 834211008 is the MICR code of Axis Bank for Kanke Road Ranchi branch. MICR code for Kanke Road Ranchi 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 Kanke Road Ranchi is presented in the table alongside.

Use of Axis Bank MICR code for Kanke Road Ranchi branch in ranchi

The MICR code 834211008 is used in RBI cheque clearing process to identify the branch Kanke Road Ranchi 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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