Axis Bank Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Allahabad Allahabad Uttar Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Obra
Contact 9919101005
Bank Details Axis Bank Obra UTIB0003868
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 231219
Country IN
Address Ground floor,++plot no.6 35, khasra no.2330 min, chopan road, billi markundi, obra, pargana agori, tehsil robertsganj, district. Sonbhadra, uttar pradesh++231219
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 231211003 for Obra 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 231211003 of Axis Bank, Obra branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Obra branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Obra

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 Obra 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. 231211003 is the MICR code of Axis Bank for Obra branch. MICR code for Obra 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 Obra is presented in the table alongside.

Use of Axis Bank MICR code for Obra branch in allahabad

The MICR code 231211003 is used in RBI cheque clearing process to identify the branch Obra 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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