Axis Bank Keonjhar Keonjhar Orissa MICR CODE

Find MICR Codes for Axis Bank Keonjhar Keonjhar Orissa

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Keonjhar Central Coooperative Bank
Contact 255183
Bank Details Axis Bank Keonjhar Central Coooperative Bank UTIB0SKCCBL
Location Keonjhar, Keonjhar
City Keonjhar
District Keonjhar
State Orissa
Pincode 758001
Country IN
Address At po keonjhargarh keonjhar odisha 758001
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 758800004 for Keonjhar Central Coooperative Bank 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 758800004 of Axis Bank, Keonjhar Central Coooperative Bank branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Keonjhar Central Coooperative Bank branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank Keonjhar Central Coooperative Bank

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 Keonjhar Central Coooperative Bank 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. 758800004 is the MICR code of Axis Bank for Keonjhar Central Coooperative Bank branch. MICR code for Keonjhar Central Coooperative Bank 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 Keonjhar Central Coooperative Bank is presented in the table alongside.

Use of Axis Bank MICR code for Keonjhar Central Coooperative Bank branch in keonjhar

The MICR code 758800004 is used in RBI cheque clearing process to identify the branch Keonjhar Central Coooperative Bank 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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