Axis Bank Bareilly Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Bareilly Bareilly Uttar Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karamchari Nagar
Contact 581-8864979700
Bank Details Axis Bank Karamchari Nagar UTIB0005193
Location Bareilly, Bareilly
City Bareilly
District Bareilly
State Uttar Pradesh
Pincode 243502
Country IN
Address First floor plot no 111 part of khasra no 585 584 583 582 586 2 507 3 581 561 563 568 534 and 535 saidpur hawknis sewadham colony bareilly uttar pradesh 243502
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 Karamchari Nagar 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, Karamchari Nagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Karamchari Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Axis Bank are available with micr code -

>>Bareilly (Uttar Pradesh) >>C B Ganj Bareilly >>Deen Dayal Puram Bareilly >>Karamchari Nagar >>Narkulaganj >>Nawada Shekhan >>Subhashnagar

MICR code for Axis Bank Karamchari Nagar

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 Karamchari Nagar 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 Karamchari Nagar branch. MICR code for Karamchari Nagar 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 Karamchari Nagar is presented in the table alongside.

Use of Axis Bank MICR code for Karamchari Nagar branch in bareilly

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