Axis Bank Firozpur Ferozpur Punjab MICR CODE

Find MICR Codes for Axis Bank Firozpur Ferozpur Punjab

Bank
State
District
City
Branch
Address

MICR Code	152211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nawan Purba
Contact	8872990269
Bank Details	Axis Bank Nawan Purba UTIB0002099

Location	Firozpur, Ferozpur
City	Firozpur
District	Ferozpur
State	Punjab
Pincode	152001
Country	IN
Address	Ground floor, khewat no.261, khasra no.78. Khatauni no.370, killa no.24(2-15), vill. Nawan purba, tehsil & dist. Ferozepur, punjab, pin 152001

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 152211003 for Nawan Purba 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 152211003 of Axis Bank, Nawan Purba branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nawan Purba 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 -

>>Hukumat Singh W >>Nawan Purba >>Sherkhan Wala

MICR code for Axis Bank Nawan Purba

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 Nawan Purba 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. 152211003 is the MICR code of Axis Bank for Nawan Purba branch. MICR code for Nawan Purba 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 Nawan Purba is presented in the table alongside.

Use of Axis Bank MICR code for Nawan Purba branch in firozpur

The MICR code 152211003 is used in RBI cheque clearing process to identify the branch Nawan Purba 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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