Axis Bank Uttar Bastar Kanker Uttar Bastar Kanker Chandigarh MICR CODE

Find MICR Codes for Axis Bank Uttar Bastar Kanker Uttar Bastar Kanker Chandigarh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panedobir
Contact 7785-8871571923
Bank Details Axis Bank Panedobir UTIB0006093
Location Uttar Bastar Kanker, Uttar Bastar Kanker
City Uttar Bastar Kanker
District Uttar Bastar Kanker
State Chandigarh
Pincode 160101
Country IN
Address Ground floor, samudayik bhawan, panedobir road, gram panchayat panedobir
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 Panedobir 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, Panedobir branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Panedobir 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 -

>>Panedobir

MICR code for Axis Bank Panedobir

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

Use of Axis Bank MICR code for Panedobir branch in uttar bastar kanker

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