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Axis Bank Churachandpur Churachandpur Manipur MICR CODE

Find MICR Codes for Axis Bank Churachandpur Churachandpur Manipur

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Churachandpur
Contact 03874-236817/18 , 03874-236819
Bank Details Axis Bank Churachandpur UTIB0001868
Location Churachandpur, Churachandpur
City Churachandpur
District Churachandpur
State Manipur
Pincode 795128
Country IN
Address New bazar, tiddim road,tedim road & thangzam road junction, churachandpur, manipur 795128
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 795211502 for Churachandpur 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 795211502 of Axis Bank, Churachandpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Churachandpur 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 -

>>Churachandpur

MICR code for Axis Bank Churachandpur

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 Churachandpur 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. 795211502 is the MICR code of Axis Bank for Churachandpur branch. MICR code for Churachandpur 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 Churachandpur is presented in the table alongside.

Use of Axis Bank MICR code for Churachandpur branch in churachandpur

The MICR code 795211502 is used in RBI cheque clearing process to identify the branch Churachandpur 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.