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Axis Bank Solan Solan Himachal Pradesh MICR CODE

Find MICR Codes for Axis Bank Solan Solan Himachal Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Solan (Himachal Pradesh)
Contact (01792) 323 171/ 73
Bank Details Axis Bank Solan (Himachal Pradesh) UTIB0000666
Location Solan, Solan
City Solan
District Solan
State Himachal Pradesh
Pincode 173212
Country IN
Address Khasra no. 76-85, ward no. 2the mall, solan 173 212, himachal pradesh 173 211 002
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 0 for Solan (Himachal Pradesh) 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 0 of Axis Bank, Solan (Himachal Pradesh) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Solan (Himachal Pradesh) 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 -

>>Solan (Himachal Pradesh)

MICR code for Axis Bank Solan (Himachal Pradesh)

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 Solan (Himachal Pradesh) 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. 0 is the MICR code of Axis Bank for Solan (Himachal Pradesh) branch. MICR code for Solan (Himachal Pradesh) 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 Solan (Himachal Pradesh) is presented in the table alongside.

Use of Axis Bank MICR code for Solan (Himachal Pradesh) branch in solan

The MICR code 0 is used in RBI cheque clearing process to identify the branch Solan (Himachal Pradesh) 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.