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Axis Bank Mani Majra Chandigarh Chandigarh MICR CODE

Find MICR Codes for Axis Bank Mani Majra Chandigarh Chandigarh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manimajra Branch
Contact (0172) 461 7306/ 07/ 461 7305 (D)
Bank Details Axis Bank Manimajra Branch UTIB0000480
Location Mani Majra, Chandigarh
City Mani Majra
District Chandigarh
State Chandigarh
Pincode 160101
Country IN
Address Sco no. 916, pocket no.6 chandigarh-shimla road,chandigarh,160101
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 160211007 for Manimajra Branch 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 160211007 of Axis Bank, Manimajra Branch branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Manimajra Branch 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 -

>>Manimajra Branch

MICR code for Axis Bank Manimajra Branch

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 Manimajra Branch 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. 160211007 is the MICR code of Axis Bank for Manimajra Branch branch. MICR code for Manimajra Branch 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 Manimajra Branch is presented in the table alongside.

Use of Axis Bank MICR code for Manimajra Branch branch in mani majra

The MICR code 160211007 is used in RBI cheque clearing process to identify the branch Manimajra Branch 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.