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Axis Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Axis Bank Jaipur Jaipur Rajasthan

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tilak Nagar Jaipur
Contact 302004
Bank Details Axis Bank Tilak Nagar Jaipur UTIB0000031
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302004
Country IN
Address A-31 kanchan apartments opp-lbs college, tilak nagar
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 302211003 for Tilak Nagar Jaipur 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 302211003 of Axis Bank, Tilak Nagar Jaipur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Tilak Nagar Jaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Tilak Nagar Jaipur

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 Tilak Nagar Jaipur 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. 302211003 is the MICR code of Axis Bank for Tilak Nagar Jaipur branch. MICR code for Tilak Nagar Jaipur 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 Tilak Nagar Jaipur is presented in the table alongside.

Use of Axis Bank MICR code for Tilak Nagar Jaipur branch in jaipur

The MICR code 302211003 is used in RBI cheque clearing process to identify the branch Tilak Nagar Jaipur 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.