Axis Bank Katihar Katihar Bihar MICR CODE

Find MICR Codes for Axis Bank Katihar Katihar Bihar

Bank
State
District
City
Branch
Address

MICR Code	854211999
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Katihar
Contact	(06452) 242556/ 57
Bank Details	Axis Bank Katihar UTIB0000767

Location	Katihar, Katihar
City	Katihar
District	Katihar
State	Bihar
Pincode	854105
Country	IN
Address	Basement & ground floor ganga ventures pvt. Ltd., shaheed chowk, katihar bihar, pin 854105

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 854211999 for Katihar 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 854211999 of Axis Bank, Katihar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Katihar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Katihar >>Mirchaibari Katihar

MICR code for Axis Bank Katihar

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 Katihar 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. 854211999 is the MICR code of Axis Bank for Katihar branch. MICR code for Katihar 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 Katihar is presented in the table alongside.

Use of Axis Bank MICR code for Katihar branch in katihar

The MICR code 854211999 is used in RBI cheque clearing process to identify the branch Katihar 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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