Axis Bank Lalganj Vaishali Bihar MICR CODE

Find MICR Codes for Axis Bank Lalganj Vaishali Bihar

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lalganj
Contact 9570866968
Bank Details Axis Bank Lalganj UTIB0003789
Location Lalganj, Vaishali
City Lalganj
District Vaishali
State Bihar
Pincode 844121
Country IN
Address Sh 74 near tvs show room pa and ps lalganj vaishali bihar
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 844211507 for Lalganj 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 844211507 of Axis Bank, Lalganj branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Lalganj 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 -

>>Lalganj

MICR code for Axis Bank Lalganj

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 Lalganj 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. 844211507 is the MICR code of Axis Bank for Lalganj branch. MICR code for Lalganj 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 Lalganj is presented in the table alongside.

Use of Axis Bank MICR code for Lalganj branch in lalganj

The MICR code 844211507 is used in RBI cheque clearing process to identify the branch Lalganj 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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