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Axis Bank Muzaffarpur Muzaffarpur Bihar MICR CODE

Find MICR Codes for Axis Bank Muzaffarpur Muzaffarpur Bihar

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maripur
Contact (0621) 2223735 / 36 / 37 / 38 (0621) 2223739
Bank Details Axis Bank Maripur UTIB0001444
Location Muzaffarpur, Muzaffarpur
City Muzaffarpur
District Muzaffarpur
State Bihar
Pincode 842001
Country IN
Address Bishnu prasad gupta memorial foundation,kazimohmadpur, muzaffarpur,bihar , pin 842001.
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 842211003 for Maripur 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 842211003 of Axis Bank, Maripur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Maripur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Axis Bank are available with micr code -

>>Brahamapura Muzaffarpur >>Maripur >>Muzaffarpur Bihar >>Tower Chowk >>Zero Mile Branch Muzaffarpur

MICR code for Axis Bank Maripur

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 Maripur 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. 842211003 is the MICR code of Axis Bank for Maripur branch. MICR code for Maripur 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 Maripur is presented in the table alongside.

Use of Axis Bank MICR code for Maripur branch in muzaffarpur

The MICR code 842211003 is used in RBI cheque clearing process to identify the branch Maripur 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.