MICR Code Bank
Find MICR code for Axis Bank Nawanshahr branches in India for NEFT and RTGS transfer

Axis Bank Nawanshahr MICR CODE

Find MICR Codes for Axis Bank Nawanshahr

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  1. Axis Bank »
  2. Punjab »
  3. navansahar »
  4. nawanshahr »
  5. nawanshahr (punjab)

Find MICR Codes for Axis Bank Nawanshahr

MICR Code: -NA-
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Nawanshahr (Punjab)
Contact: (01823) 503 171/72/73/74/76
Bank Details: Axis Bank Nawanshahr (Punjab) UTIB0000665
Location: Nawanshahr, Navansahar
City: Nawanshahr
District: Navansahar
State: Punjab
Pincode: 144514
Country: IN
Address: Khasra no. 3631/1998, 3631/1999nawanshahr 144 514, punjab 144 211 007

How does MICR code for nawanshahr 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 of Axis Bank, nawanshahr branch makes the system almost error free and faster. Use of Axis Bank MICR codes for nawanshahr 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

>>Nawanshahr (Punjab)

MICR code for Axis Bank nawanshahr

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

Use of Axis Bank MICR code for nawanshahr branch in nawanshahr

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