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Axis Bank Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Madhya Pradesh

MICR Code:
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Indore
Contact: 452003
Bank Details: Axis Bank Indore UTIB0000043
Location: Indore, Indore
City: Indore
District: Indore
State: Madhya Pradesh
Pincode: 452001
Country: IN
Address: Kamal palace, 1 yeshwant colony yeshwant niwas road
MICR Code:
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Bhopal
Contact: 462011
Bank Details: Axis Bank Bhopal UTIB0000044
Location: Bhopal, Bhopal
City: Bhopal
District: Bhopal
State: Madhya Pradesh
Pincode: 462001
Country: IN
Address: Plot no 165a & 166, star arcade m p nagar, zone 1
of 87
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 Madhya Pradesh

You can search through MICR Codes of Axis Bank in Madhya Pradesh State! Reserve Bank of India publishes updated MICR Codes for Axis Bank from time to time on their website, and we are doing our best in updating information of Axis Bank MICR Codes.

How to find MICR codes for Axis Bank in Madhya Pradesh?

MICR codes for Axis Bank in Madhya Pradesh are given in the table alongside. Address, contact numbers and other details are also provided along with the MICR code. Narrow down your search either by selecting any particular district from the drop down list or by selecting the district from Axis Bank MICR codes list given on the right side. One can find MICR codes for all Axis Bank branches in Madhya Pradesh here.

Axis Bank MICR code in Madhya Pradesh

Axis Bank MICR code in Madhya Pradesh state is a standard 9 digit code printed on cheques using a special type of ink. This ink or toner is magnetic and contains iron oxide. Axis Bank MICR number includes the document type indicator, bank code, cheque number, etc. This code is used to identify bank and account information to which the cheque belongs. The main purpose of Axis Bank MICR code for Madhya Pradesh branches is to make clearance process of cheques faster and without errors.

Why is Axis Bank MICR code for Madhya Pradesh branches used for clearing of cheques?

The Axis Bank MICR code for Madhya Pradesh branches allows the cheque information to be read automatically by passing it before an MICR reader. Each character produces a specific pattern which can be easily identified. Axis Bank Madhya Pradesh MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters legible even if they are obscured by stamps and signatures. This code is used By RBI (Reserve bank Of India) in clearing process to identify the branch and bank. The principal purpose of Axis Bank MICR code for Madhya Pradesh branches is to print accounting and routing information on cheques and other documents in a machine readable format in order to speed up the clearing process.