Axis Bank Sirohi Karoti Rajasthan MICR CODE

Find MICR Codes for Axis Bank Sirohi Karoti Rajasthan

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karoti
Contact 2975-9571066702
Bank Details Axis Bank Karoti UTIB0006596
Location Sirohi, Karoti
City Sirohi
District Karoti
State Rajasthan
Pincode 307514
Country IN
Address Village karoti teh reodar dist sirohi rajasthan 307514 shop no 27, 28, 29, 30, 31
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 Karoti 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, Karoti branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Karoti 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 -

>>Karoti

MICR code for Axis Bank Karoti

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

Use of Axis Bank MICR code for Karoti branch in sirohi

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