Axis Bank Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for Axis Bank Udaipur Udaipur Rajasthan

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kherwara
Contact 2907-8619202424
Bank Details Axis Bank Kherwara UTIB0005303
Location Udaipur, Udaipur
City Udaipur
District Udaipur
State Rajasthan
Pincode 313803
Country IN
Address Grd floor and 1st floor, khasra no 17 rani road, badla, kherwara 313803, district udaipur,rajasthan
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 Kherwara 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, Kherwara branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kherwara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Axis Bank are available with micr code -

>>Bhuwana >>Bujhara >>Dheekli >>Hiran Magri >>Kherwara >>Mandi >>Pratap Nagar Udaipur >>Shobhagpura Udaipur >>Udaipole >>Udaipur (Rajasthan)

MICR code for Axis Bank Kherwara

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

Use of Axis Bank MICR code for Kherwara branch in udaipur

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

Copied!