Axis Bank Marhowrah Saran Bihar MICR CODE

Find MICR Codes for Axis Bank Marhowrah Saran Bihar

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Marhowrah
Contact 8340376081
Bank Details Axis Bank Marhowrah UTIB0003788
Location Marhowrah, Saran
City Marhowrah
District Saran
State Bihar
Pincode
Country IN
Address Sundram complex marhaurah nagar panchyat pa nad ps marhaurah saran 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 841211501 for Marhowrah 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 841211501 of Axis Bank, Marhowrah branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Marhowrah 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 -

>>Marhowrah

MICR code for Axis Bank Marhowrah

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 Marhowrah 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. 841211501 is the MICR code of Axis Bank for Marhowrah branch. MICR code for Marhowrah 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 Marhowrah is presented in the table alongside.

Use of Axis Bank MICR code for Marhowrah branch in marhowrah

The MICR code 841211501 is used in RBI cheque clearing process to identify the branch Marhowrah 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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