Axis Bank Sonipat Sonipat Haryana MICR CODE

Find MICR Codes for Axis Bank Sonipat Sonipat Haryana

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Murthal
Contact 0
Bank Details Axis Bank Murthal UTIB0005413
Location Sonipat, Sonipat
City Sonipat
District Sonipat
State Haryana
Pincode 131027
Country IN
Address Ground and first floor, khasra khewat no 2340 main gt road tehsil and district sonipat, haryana 131027
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 Murthal 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, Murthal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Murthal branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Murthal

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 Murthal 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 Murthal branch. MICR code for Murthal 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 Murthal is presented in the table alongside.

Use of Axis Bank MICR code for Murthal branch in sonipat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Murthal 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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