Axis Bank Bareilly Bareilly Uttrakhand MICR CODE

Find MICR Codes for Axis Bank Bareilly Bareilly Uttrakhand

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tulip Branch Bareilly
Contact 9368586240
Bank Details Axis Bank Tulip Branch Bareilly UTIB0002961
Location Bareilly, Bareilly
City Bareilly
District Bareilly
State Uttrakhand
Pincode
Country IN
Address Gr fl shop no 9 10 11 12 tulip grand tulapur pilibhit bypass rd bareilly
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 243211004 for Tulip Branch Bareilly 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 243211004 of Axis Bank, Tulip Branch Bareilly branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Tulip Branch Bareilly 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 -

>>Tulip Branch Bareilly

MICR code for Axis Bank Tulip Branch Bareilly

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 Tulip Branch Bareilly 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. 243211004 is the MICR code of Axis Bank for Tulip Branch Bareilly branch. MICR code for Tulip Branch Bareilly 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 Tulip Branch Bareilly is presented in the table alongside.

Use of Axis Bank MICR code for Tulip Branch Bareilly branch in bareilly

The MICR code 243211004 is used in RBI cheque clearing process to identify the branch Tulip Branch Bareilly 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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