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Axis Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Axis Bank Delhi New Delhi New Delhi

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	Sda Market
Contact	11-9711157188
Bank Details	Axis Bank Sda Market UTIB0004900

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110016
Country	IN
Address	Entire ground floor & mezzanine (front portion above the veranda) and entire first floor, property no c 2, (plot no 2, block c), safdarjung development area, (community centre), new delhi 110016

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

A total of 59 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank Sda Market

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 Sda Market 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 Sda Market branch. MICR code for Sda Market 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 Sda Market is presented in the table alongside.

Use of Axis Bank MICR code for Sda Market branch in delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sda Market 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.