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Axis Bank Satna Satna Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Satna Satna Madhya Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satna (Madhya Pradesh)
Contact 485001
Bank Details Axis Bank Satna (Madhya Pradesh) UTIB0000202
Location Satna, Satna
City Satna
District Satna
State Madhya Pradesh
Pincode 485001
Country IN
Address Tiwari towers,upper ground floor rewa road, satna
MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satna Market
Contact 7672-8010140298
Bank Details Axis Bank Satna Market UTIB0004993
Location Satna, Satna
City Satna
District Satna
State Madhya Pradesh
Pincode
Country IN
Address Ground and first floor 93 maihar road, near citykotwali po head post office, satna
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 satna

You can search through MICR Codes of Madhya Pradesh branches in satna of District satna in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Axis Bank are available with micr code -

>>Satna (Madhya Pradesh) >>Satna Market

How to find MICR codes for Axis Bank in satna?

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

Axis Bank MICR code in satna

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for satna 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 satna, 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 satna 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 satna 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 satna branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for satna branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!