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Axis Bank Agartala West Tripura Tripura MICR CODE

Find MICR Codes for Axis Bank Agartala West Tripura Tripura

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Usha Bazar
Contact 2341761
Bank Details Axis Bank Usha Bazar UTIB0003885
Location Agartala, West Tripura
City Agartala
District West Tripura
State Tripura
Pincode 799009
Country IN
Address Gr flr, airport road,opposite to bijay medical, p.o & ps agartala airport,799009
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 799211005 for Usha Bazar 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 799211005 of Axis Bank, Usha Bazar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Usha Bazar 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 -

>>A D Nagar Agartala >>Agartala(Tripura) >>Dhaleswar >>Usha Bazar

MICR code for Axis Bank Usha Bazar

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 Usha Bazar 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. 799211005 is the MICR code of Axis Bank for Usha Bazar branch. MICR code for Usha Bazar 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 Usha Bazar is presented in the table alongside.

Use of Axis Bank MICR code for Usha Bazar branch in agartala

The MICR code 799211005 is used in RBI cheque clearing process to identify the branch Usha Bazar 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.