Axis Bank Ujjain Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Ujjain Ujjain Madhya Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kanthal Ujjain (Mp)
Contact 98269 75800
Bank Details Axis Bank Kanthal Ujjain (Mp) UTIB0001932
Location Ujjain, Ujjain
City Ujjain
District Ujjain
State Madhya Pradesh
Pincode 456001
Country IN
Address Ground floor, plot no 186 & 187, ankpat marg, nikas square, kanthal, ujjain - 456001 (mp)
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 456211003 for Kanthal Ujjain (Mp) 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 456211003 of Axis Bank, Kanthal Ujjain (Mp) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kanthal Ujjain (Mp) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Axis Bank are available with micr code -

>>Kanthal Ujjain (Mp) >>Nanakheda >>Nawakheda >>Ujjain Madhya Pradesh

MICR code for Axis Bank Kanthal Ujjain (Mp)

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 Kanthal Ujjain (Mp) 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. 456211003 is the MICR code of Axis Bank for Kanthal Ujjain (Mp) branch. MICR code for Kanthal Ujjain (Mp) 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 Kanthal Ujjain (Mp) is presented in the table alongside.

Use of Axis Bank MICR code for Kanthal Ujjain (Mp) branch in ujjain

The MICR code 456211003 is used in RBI cheque clearing process to identify the branch Kanthal Ujjain (Mp) 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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