Axis Bank Dhanbad Dhanbad Jharkhand MICR CODE

Find MICR Codes for Axis Bank Dhanbad Dhanbad Jharkhand

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Rajganj
Contact	326-9334763283
Bank Details	Axis Bank Rajganj UTIB0005970

Location	Dhanbad, Dhanbad
City	Dhanbad
District	Dhanbad
State	Jharkhand
Pincode	828113
Country	IN
Address	Upper ground floor, nh 2, daludhi natki pull, po ps rajganj, dist dhanbad

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 Rajganj 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, Rajganj branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rajganj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Axis Bank are available with micr code -

>>Bhuli Road >>Dhanbad(Jharkhand) >>Gobindpur >>Hirapur >>Jharia >>Memco More >>Mohan Bazar >>Rajganj >>Saraidhela >>The Dhanbad Central Co Operative Bank Ltd

MICR code for Axis Bank Rajganj

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

Use of Axis Bank MICR code for Rajganj branch in dhanbad

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