Axis Bank Khurda Tangi Orissa MICR CODE

Find MICR Codes for Axis Bank Khurda Tangi Orissa

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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	Tangi
Contact	6756-7873784478
Bank Details	Axis Bank Tangi UTIB0006280

Location	Khurda, Tangi
City	Khurda
District	Tangi
State	Orissa
Pincode	752022
Country	IN
Address	Axis bank ltd, ground floor, tangi main road, near tangi bus stand

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

>>Tangi

MICR code for Axis Bank Tangi

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

Use of Axis Bank MICR code for Tangi branch in khurda

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