Axis Bank Rewari Rewari Haryana MICR CODE

Find MICR Codes for Axis Bank Rewari Rewari Haryana

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Rewari Central Cooperative Bank Ltd.
Contact 01274-220290
Bank Details Axis Bank The Rewari Central Cooperative Bank Ltd. UTIB0REWA01
Location Rewari, Rewari
City Rewari
District Rewari
State Haryana
Pincode 123401
Country IN
Address 1652/q-2, circular road rewari
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 123814003 for The Rewari Central Cooperative Bank Ltd. 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 123814003 of Axis Bank, The Rewari Central Cooperative Bank Ltd. branch makes the system almost error free and faster. Use of Axis Bank MICR codes for The Rewari Central Cooperative Bank Ltd. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Axis Bank are available with micr code -

>>Pilot Chowk Rewari >>Rewari (Haryana) >>Rewari Jhajjar Chowk >>The Rewari Central Cooperative Bank Ltd.

MICR code for Axis Bank The Rewari Central Cooperative Bank Ltd.

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 The Rewari Central Cooperative Bank Ltd. 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. 123814003 is the MICR code of Axis Bank for The Rewari Central Cooperative Bank Ltd. branch. MICR code for The Rewari Central Cooperative Bank Ltd. 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 The Rewari Central Cooperative Bank Ltd. is presented in the table alongside.

Use of Axis Bank MICR code for The Rewari Central Cooperative Bank Ltd. branch in rewari

The MICR code 123814003 is used in RBI cheque clearing process to identify the branch The Rewari Central Cooperative Bank Ltd. 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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