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Axis Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Axis Bank Faridabad Faridabad Haryana

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Fifteen Faridabad
Contact 2265179
Bank Details Axis Bank Sector Fifteen Faridabad UTIB0003112
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121007
Country IN
Address Gr fl and basement scf 39 sector 15
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 110211188 for Sector Fifteen Faridabad 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 110211188 of Axis Bank, Sector Fifteen Faridabad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sector Fifteen Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Sector Fifteen Faridabad

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 Fifteen Faridabad 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. 110211188 is the MICR code of Axis Bank for Sector Fifteen Faridabad branch. MICR code for Sector Fifteen Faridabad 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 Fifteen Faridabad is presented in the table alongside.

Use of Axis Bank MICR code for Sector Fifteen Faridabad branch in faridabad

The MICR code 110211188 is used in RBI cheque clearing process to identify the branch Sector Fifteen Faridabad 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.