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Axis Bank Bandipora Bandipora Jammu And Kashmir MICR CODE

Find MICR Codes for Axis Bank Bandipora Bandipora Jammu And Kashmir

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sonagam
Contact 9796610133
Bank Details Axis Bank Sonagam UTIB0002405
Location Bandipora, Bandipora
City Bandipora
District Bandipora
State Jammu And Kashmir
Pincode 193502
Country IN
Address Ground floor, khewat no. 52, khata no. 366, khasra no. 894, village : sonagam, tehsil & dist :bandipora, jammu & kashmir, pin 193502
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 193211401 for Sonagam 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 193211401 of Axis Bank, Sonagam branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sonagam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Axis Bank are available with micr code -

>>Sonagam

MICR code for Axis Bank Sonagam

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 Sonagam 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. 193211401 is the MICR code of Axis Bank for Sonagam branch. MICR code for Sonagam 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 Sonagam is presented in the table alongside.

Use of Axis Bank MICR code for Sonagam branch in bandipora

The MICR code 193211401 is used in RBI cheque clearing process to identify the branch Sonagam 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.