Axis Bank Srinagar Srinagar Jammu And Kashmir MICR CODE

Find MICR Codes for Axis Bank Srinagar Srinagar Jammu And Kashmir

Bank	↻ Reload
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	Lal Bazar Srinagar
Contact	194-9596041144
Bank Details	Axis Bank Lal Bazar Srinagar UTIB0006525

Location	Srinagar, Srinagar
City	Srinagar
District	Srinagar
State	Jammu And Kashmir
Pincode	190001
Country	IN
Address	Ground floor, khasra no survey no 3992, khatta no 3124, khewat no 1304, lal bazar, srinagar

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

A total of 12 branches of Axis Bank are available with micr code -

>>Alamgari Bazar Srinagar >>Chanapora >>Hmt Srinagar >>Jawahar Nagar >>Lal Bazar Srinagar >>Rajbagh >>Soura >>Srianagar Fruit Mandi >>Srinagar >>Srinagar Baghat >>Srinagar Brari Numble >>The Jammu And Kashmir State Cooperative Bank

MICR code for Axis Bank Lal Bazar Srinagar

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 Lal Bazar Srinagar 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 Lal Bazar Srinagar branch. MICR code for Lal Bazar Srinagar 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 Lal Bazar Srinagar is presented in the table alongside.

Use of Axis Bank MICR code for Lal Bazar Srinagar branch in srinagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lal Bazar Srinagar 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!