Axis Bank Kalahandi Bhawanipatna Orissa MICR CODE

Find MICR Codes for Axis Bank Kalahandi Bhawanipatna Orissa

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pardesipara Bhawanipatna
Contact 6670-9363268617
Bank Details Axis Bank Pardesipara Bhawanipatna UTIB0006348
Location Kalahandi, Bhawanipatna
City Kalahandi
District Bhawanipatna
State Orissa
Pincode 766001
Country IN
Address Ground floor, junagarh road, plot no 48 by 5584, pardesipara, ps bhawanipatna
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 Pardesipara Bhawanipatna 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, Pardesipara Bhawanipatna branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Pardesipara Bhawanipatna 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 -

>>Pardesipara Bhawanipatna

MICR code for Axis Bank Pardesipara Bhawanipatna

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 Pardesipara Bhawanipatna 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 Pardesipara Bhawanipatna branch. MICR code for Pardesipara Bhawanipatna 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 Pardesipara Bhawanipatna is presented in the table alongside.

Use of Axis Bank MICR code for Pardesipara Bhawanipatna branch in kalahandi

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