Axis Bank Nuapada Nuapada Orissa MICR CODE

Find MICR Codes for Axis Bank Nuapada Nuapada Orissa

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khariar Road
Contact 0
Bank Details Axis Bank Khariar Road UTIB0003902
Location Nuapada, Nuapada
City Nuapada
District Nuapada
State Orissa
Pincode 766104
Country IN
Address Leela tower, khariar road odisha 766104
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 766211507 for Khariar Road 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 766211507 of Axis Bank, Khariar Road branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Khariar Road 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 -

>>Khariar Road

MICR code for Axis Bank Khariar Road

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 Khariar Road 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. 766211507 is the MICR code of Axis Bank for Khariar Road branch. MICR code for Khariar Road 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 Khariar Road is presented in the table alongside.

Use of Axis Bank MICR code for Khariar Road branch in nuapada

The MICR code 766211507 is used in RBI cheque clearing process to identify the branch Khariar Road 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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