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Axis Bank Panchkula Panchkula Haryana MICR CODE

Find MICR Codes for Axis Bank Panchkula Panchkula Haryana

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	Sector Twenty One Panchkula
Contact	172-8283811230
Bank Details	Axis Bank Sector Twenty One Panchkula UTIB0005136

Location	Panchkula, Panchkula
City	Panchkula
District	Panchkula
State	Haryana
Pincode
Country	IN
Address	Sco 88, sector 21, panchkula

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

A total of 12 branches of Axis Bank are available with micr code -

>>Garhi >>Kakrali >>Panchkula >>Panchkula Sector >>Panchkula Sector Forteen >>Panchkula Sector Four >>Panchkula Sector Seven >>Panchkula Sector Twenty Five >>Panchkulasector Six >>Sector 20 Panchkula Haryana >>Sector Twenty One Panchkula >>The Panipat Urban Co Op Bank Ltd

MICR code for Axis Bank Sector Twenty One Panchkula

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 Twenty One Panchkula 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 Sector Twenty One Panchkula branch. MICR code for Sector Twenty One Panchkula 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 Twenty One Panchkula is presented in the table alongside.

Use of Axis Bank MICR code for Sector Twenty One Panchkula branch in panchkula

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sector Twenty One Panchkula 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.