Axis Bank Kaithal Rajound Haryana MICR CODE

Find MICR Codes for Axis Bank Kaithal Rajound Haryana

Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajound
Contact 0-9812213136
Bank Details Axis Bank Rajound UTIB0005311
Location Kaithal, Rajound
City Kaithal
District Rajound
State Haryana
Pincode 136044
Country IN
Address Ground floor property id 7vmahdo9 near maharana chowk kaithal assandh road rajound district kaithal haryana 136044
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 Rajound 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, Rajound branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rajound 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 -


MICR code for Axis Bank Rajound

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

Use of Axis Bank MICR code for Rajound branch in kaithal

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