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Axis Bank Nabapally North 24 Parganas West Bengal MICR CODE

Find MICR Codes for Axis Bank Nabapally North 24 Parganas West Bengal

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nabapally
Contact 700126
Bank Details Axis Bank Nabapally UTIB0000021
Location Nabapally, North 24 Parganas
City Nabapally
District North 24 Parganas
State West Bengal
Pincode 700126
Country IN
Address Sangam market, colony more nabapally,barasat
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 700211005 for Nabapally 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 700211005 of Axis Bank, Nabapally branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nabapally 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 -

>>Nabapally

MICR code for Axis Bank Nabapally

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 Nabapally 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. 700211005 is the MICR code of Axis Bank for Nabapally branch. MICR code for Nabapally 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 Nabapally is presented in the table alongside.

Use of Axis Bank MICR code for Nabapally branch in nabapally

The MICR code 700211005 is used in RBI cheque clearing process to identify the branch Nabapally 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.