Axis Bank Raxaul Purbi Champaran Bihar MICR CODE

Find MICR Codes for Axis Bank Raxaul Purbi Champaran Bihar

Bank
State
District
City
Branch
Address

MICR Code	845211000
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Raxaul
Contact	7033294618
Bank Details	Axis Bank Raxaul UTIB0003223

Location	Raxaul, Purbi Champaran
City	Raxaul
District	Purbi Champaran
State	Bihar
Pincode	845305
Country	IN
Address	Nh 28 raxaul main road raxaul east champaran bihar pin 845305

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 845211000 for Raxaul 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 845211000 of Axis Bank, Raxaul branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Raxaul 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 -

>>Raxaul

MICR code for Axis Bank Raxaul

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 Raxaul 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. 845211000 is the MICR code of Axis Bank for Raxaul branch. MICR code for Raxaul 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 Raxaul is presented in the table alongside.

Use of Axis Bank MICR code for Raxaul branch in raxaul

The MICR code 845211000 is used in RBI cheque clearing process to identify the branch Raxaul 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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