Axis Bank Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for Axis Bank Jalandhar Jalandhar Punjab

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rama Mandi
Contact 9888052783
Bank Details Axis Bank Rama Mandi UTIB0003353
Location Jalandhar, Jalandhar
City Jalandhar
District Jalandhar
State Punjab
Pincode
Country IN
Address Ground floor khasra no 229
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 144211019 for Rama Mandi 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 144211019 of Axis Bank, Rama Mandi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rama Mandi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Rama Mandi

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 Rama Mandi 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. 144211019 is the MICR code of Axis Bank for Rama Mandi branch. MICR code for Rama Mandi 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 Rama Mandi is presented in the table alongside.

Use of Axis Bank MICR code for Rama Mandi branch in jalandhar

The MICR code 144211019 is used in RBI cheque clearing process to identify the branch Rama Mandi 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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