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Axis Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Axis Bank Patna Patna Bihar

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Khagaul
Contact
Bank Details	Axis Bank Khagaul UTIB0004324

Location	Patna, Patna
City	Patna
District	Patna
State	Bihar
Pincode	801105
Country	IN
Address	Jayram bazar, thana road, near khagaul thana, ps khagaul, patna dist patna bihar 801105

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

A total of 31 branches of Axis Bank are available with micr code -

>>Anisabad >>Ashiana Digha Patna >>Ashok Raj Path Patna >>Bakhtiyarpur Branch >>Bihta >>Boring Canal Road Patna >>Boring Road Patna >>Digha >>Gandhi Maidan >>Gola Road Branch Patna >>Gulzarbagh >>Hanuman Nagar >>Harihar Chamber Branch >>Kadamkuan >>Kankarbagh >>Khagaul >>Khagaul Road Branch >>Kidwaipuri >>Kumhrar Patna >>Kurthaur Parsa >>Masaurhi >>Mithapur >>New Bypass Road >>Pataliputra Colony >>Patna >>Patna City >>Phulwarisharif >>Rajabazar >>Rajendranagar >>Saguna More Branch >>Sampatchak

MICR code for Axis Bank Khagaul

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

Use of Axis Bank MICR code for Khagaul branch in patna

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