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Axis Bank Bilaspur Rampur Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Bilaspur Rampur Uttar Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rampur Road Bilaspur
Contact 0595-2415573/74/75/76 , 0595-2415577
Bank Details Axis Bank Rampur Road Bilaspur UTIB0001849
Location Bilaspur, Rampur
City Bilaspur
District Rampur
State Uttar Pradesh
Pincode 244921
Country IN
Address Ground floor, khasra no-273, kemri thana, rampur road, nh-87, bilaspur, uttar pradesh - 244921
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 242211702 for Rampur Road Bilaspur 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 242211702 of Axis Bank, Rampur Road Bilaspur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rampur Road Bilaspur 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 -

>>Rampur Road Bilaspur

MICR code for Axis Bank Rampur Road Bilaspur

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 Rampur Road Bilaspur 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. 242211702 is the MICR code of Axis Bank for Rampur Road Bilaspur branch. MICR code for Rampur Road Bilaspur 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 Rampur Road Bilaspur is presented in the table alongside.

Use of Axis Bank MICR code for Rampur Road Bilaspur branch in bilaspur

The MICR code 242211702 is used in RBI cheque clearing process to identify the branch Rampur Road Bilaspur 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.