Axis Bank Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for Axis Bank Cuttack Cuttack Orissa

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Cuttack
Contact 2503777
Bank Details Axis Bank Sector Cuttack UTIB0004001
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753014
Country IN
Address Ground floor plot no 1390 b main road sector6 cda market complex po avinab bidanasi ps market nagar 753014
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 753211010 for Sector Cuttack 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 753211010 of Axis Bank, Sector Cuttack branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sector Cuttack branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Axis Bank are available with micr code -

>>Choudhry Bazar >>College Square >>Cuttack (Service Branch) >>Jagatpur >>Kanika Chhak >>Link Road >>Mahanadi Vihar >>Sector Cuttack

MICR code for Axis Bank Sector Cuttack

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 Sector Cuttack 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. 753211010 is the MICR code of Axis Bank for Sector Cuttack branch. MICR code for Sector Cuttack 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 Sector Cuttack is presented in the table alongside.

Use of Axis Bank MICR code for Sector Cuttack branch in cuttack

The MICR code 753211010 is used in RBI cheque clearing process to identify the branch Sector Cuttack 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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