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Axis Bank Ramgarh Hazaribagh Jharkhand MICR CODE

Find MICR Codes for Axis Bank Ramgarh Hazaribagh Jharkhand

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ramgarh Jharkhand
Contact 829122
Bank Details Axis Bank Ramgarh Jharkhand UTIB0000295
Location Ramgarh, Hazaribagh
City Ramgarh
District Hazaribagh
State Jharkhand
Pincode 829122
Country IN
Address Narayani complex, main road, ramgarh cantt.
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.

Search Axis Bank MICR Codes in hazaribagh

You can search through MICR Codes of Jharkhand branches in ramgarh of District hazaribagh in Jharkhand State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Axis Bank are available with micr code -

>>Ramgarh Jharkhand

How to find MICR codes for Axis Bank in ramgarh?

Axis Bank ramgarh MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Axis Bank MICR codes list for ramgarh, one can further search by branch name specified in the table. You can find MICR codes for all Axis Bank ramgarh branches.

Axis Bank MICR code in ramgarh

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for ramgarh branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Axis Bank branches in ramgarh, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Axis Bank MICR code for ramgarh branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Axis Bank ramgarh branch, sprinted 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. Thus MICR code for Axis Bank ramgarh branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for ramgarh branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!