Axis Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Varanasi Varanasi Uttar Pradesh

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	Shivpur
Contact	GROUND AND FIRST FLOOR AND BASEMENT PLOT NO MI 263 MAUZA WARD AND PARGANA SHIVPUR VARANASI 221002
Bank Details	Axis Bank Shivpur UTIB0003006

Location	Varanasi, Varanasi
City	Varanasi
District	Varanasi
State	Uttar Pradesh
Pincode	221003
Country	IN
Address	9721288884

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 Shivpur 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, Shivpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Shivpur 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 -

>>Ashok Nagar Pandeypur Varanasi >>Chowk Varanasi >>Lanka (Varanasi) Uttar Pradesh >>Mahmoorganj Varanasi >>Maqbool Alam Road >>Nichi Bagh >>Ramkatora >>Rupapur Varanasi >>Shivpur >>Sunderpur Varanasi >>Varanasi Uttar Pradesh >>Visheshwarganj Varanasi

MICR code for Axis Bank Shivpur

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

Use of Axis Bank MICR code for Shivpur branch in varanasi

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