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

Axis Bank Patti MICR CODE

Find MICR Codes for Axis Bank Patti

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  1. Axis Bank »
  2. Punjab »
  3. amritsar »
  4. patti »
  5. patti (punjab)

Find MICR Codes for Axis Bank Patti

MICR Code: 143211003
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Patti (Punjab)
Contact: 143416
Bank Details: Axis Bank Patti (Punjab) UTIB0000416
Location: Patti, Amritsar
City: Patti
District: Amritsar
State: Punjab
Pincode:
Country: IN
Address: Khasra no.116/26/2/50 ward no.16,patti ,district amritsar

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

>>Patti (Punjab)

MICR code for Axis Bank patti

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

Use of Axis Bank MICR code for patti branch in patti

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