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Axis Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Axis Bank Delhi Delhi New Delhi

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch South Extension
Contact 9582800494
Bank Details Axis Bank South Extension UTIB0003108
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110049
Country IN
Address Ground floor shop no g 24 to g 28
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 110211187 for South Extension 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 110211187 of Axis Bank, South Extension branch makes the system almost error free and faster. Use of Axis Bank MICR codes for South Extension branch, makes the characters readable even if there are other marks and stamps on it.

A total of 102 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank South Extension

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 South Extension 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. 110211187 is the MICR code of Axis Bank for South Extension branch. MICR code for South Extension 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 South Extension is presented in the table alongside.

Use of Axis Bank MICR code for South Extension branch in delhi

The MICR code 110211187 is used in RBI cheque clearing process to identify the branch South Extension 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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