Axis Bank Rajgir Nalanda Bihar MICR CODE

Find MICR Codes for Axis Bank Rajgir Nalanda Bihar

Bank
State
District
City
Branch
Address

MICR Code	803211201
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Rajgir
Contact	9709225242
Bank Details	Axis Bank Rajgir UTIB0003616

Location	Rajgir, Nalanda
City	Rajgir
District	Nalanda
State	Bihar
Pincode
Country	IN
Address	Ground floor dharamsala road ward no 18 po and ps rajgir nalanda bihar

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 803211201 for Rajgir 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 803211201 of Axis Bank, Rajgir branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rajgir 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 -

>>Rajgir

MICR code for Axis Bank Rajgir

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 Rajgir 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. 803211201 is the MICR code of Axis Bank for Rajgir branch. MICR code for Rajgir 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 Rajgir is presented in the table alongside.

Use of Axis Bank MICR code for Rajgir branch in rajgir

The MICR code 803211201 is used in RBI cheque clearing process to identify the branch Rajgir 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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