Axis Bank Lakhisarai Lakhisarai Bihar MICR CODE

Find MICR Codes for Axis Bank Lakhisarai Lakhisarai Bihar

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lakhisarai
Contact 232165
Bank Details Axis Bank Lakhisarai UTIB0002752
Location Lakhisarai, Lakhisarai
City Lakhisarai
District Lakhisarai
State Bihar
Pincode 811311
Country IN
Address Ground and first floor dalpatti naya bazar po and ps lakhisarai lakhisarai pin 811311
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 811211102 for Lakhisarai 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 811211102 of Axis Bank, Lakhisarai branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Lakhisarai 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 -

>>Lakhisarai

MICR code for Axis Bank Lakhisarai

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 Lakhisarai 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. 811211102 is the MICR code of Axis Bank for Lakhisarai branch. MICR code for Lakhisarai 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 Lakhisarai is presented in the table alongside.

Use of Axis Bank MICR code for Lakhisarai branch in lakhisarai

The MICR code 811211102 is used in RBI cheque clearing process to identify the branch Lakhisarai 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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