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Axis Bank New Delhi Rk Puram New Delhi MICR CODE

Find MICR Codes for Axis Bank New Delhi Rk Puram New Delhi

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch R K Puram
Contact 26106311
Bank Details Axis Bank R K Puram UTIB0003532
Location New Delhi, Rk Puram
City New Delhi
District Rk Puram
State New Delhi
Pincode 110022
Country IN
Address Flat no 4,1st floor, sector 6,main market, rk puram, new delhi 110022
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 110211226 for R K Puram 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 110211226 of Axis Bank, R K Puram branch makes the system almost error free and faster. Use of Axis Bank MICR codes for R K Puram 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 -

>>R K Puram

MICR code for Axis Bank R K Puram

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 R K Puram 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. 110211226 is the MICR code of Axis Bank for R K Puram branch. MICR code for R K Puram 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 R K Puram is presented in the table alongside.

Use of Axis Bank MICR code for R K Puram branch in new delhi

The MICR code 110211226 is used in RBI cheque clearing process to identify the branch R K Puram 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.