Axis Bank Jalpaiguri Jalpaiguri West Bengal MICR CODE

Find MICR Codes for Axis Bank Jalpaiguri Jalpaiguri West Bengal

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malbazar
Contact 9932479778
Bank Details Axis Bank Malbazar UTIB0003862
Location Jalpaiguri, Jalpaiguri
City Jalpaiguri
District Jalpaiguri
State West Bengal
Pincode 735221
Country IN
Address First floor,airan house,caltex more,main road, po and ps mal
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 735211503 for Malbazar 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 735211503 of Axis Bank, Malbazar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Malbazar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Dinbazar >>Jalpaiguri (West Bengal) >>Malbazar

MICR code for Axis Bank Malbazar

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 Malbazar 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. 735211503 is the MICR code of Axis Bank for Malbazar branch. MICR code for Malbazar 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 Malbazar is presented in the table alongside.

Use of Axis Bank MICR code for Malbazar branch in jalpaiguri

The MICR code 735211503 is used in RBI cheque clearing process to identify the branch Malbazar 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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