Axis Bank Bhiwani Bhiwani Haryana MICR CODE

Find MICR Codes for Axis Bank Bhiwani Bhiwani Haryana

Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rawaldhi
Contact 01664-645004
Bank Details Axis Bank Rawaldhi UTIB0001835
Location Bhiwani, Bhiwani
City Bhiwani
District Bhiwani
State Haryana
Pincode 127306
Country IN
Address Ground floor, khasra no. 119//12/1/1(0-19), village-rawaldhi, tehsil – charkhi dadri, distt. Bhiwani, haryana, pin 127306
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 123211152 for Rawaldhi 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 123211152 of Axis Bank, Rawaldhi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rawaldhi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Axis Bank are available with micr code -

>>Bhiwani (Haryana) >>Bhiwani Loharu Road >>Rawaldhi >>Siwani >>The Bhiwani Central Cooperative Bank Ltd

MICR code for Axis Bank Rawaldhi

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 Rawaldhi 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. 123211152 is the MICR code of Axis Bank for Rawaldhi branch. MICR code for Rawaldhi 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 Rawaldhi is presented in the table alongside.

Use of Axis Bank MICR code for Rawaldhi branch in bhiwani

The MICR code 123211152 is used in RBI cheque clearing process to identify the branch Rawaldhi 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.