Axis Bank Samba Samba Jammu And Kashmir MICR CODE

Find MICR Codes for Axis Bank Samba Samba Jammu And Kashmir

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Samba
Contact	1923-8717000034
Bank Details	Axis Bank Samba UTIB0004975

Location	Samba, Samba
City	Samba
District	Samba
State	Jammu And Kashmir
Pincode
Country	IN
Address	Ground floor and first floor, kotli mandi, district samba

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 Samba 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, Samba branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Samba branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Mean Charkah >>Samba

MICR code for Axis Bank Samba

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

Use of Axis Bank MICR code for Samba branch in samba

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