Axis Bank Ambagarh Chowki Rajnandgaon Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Ambagarh Chowki Rajnandgaon Chhattisgarh

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State
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Address

MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ambagarh Chowki
Contact
Bank Details	Axis Bank Ambagarh Chowki UTIB0004691

Location	Ambagarh Chowki, Rajnandgaon
City	Ambagarh Chowki
District	Rajnandgaon
State	Chhattisgarh
Pincode
Country	IN
Address	Ground floor, main road, near bajaj, showroom, po and ps ambagarh chowki, district rajnandgaon, cg

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 Ambagarh Chowki 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, Ambagarh Chowki branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ambagarh Chowki 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 -

>>Ambagarh Chowki

MICR code for Axis Bank Ambagarh Chowki

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 Ambagarh Chowki 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 Ambagarh Chowki branch. MICR code for Ambagarh Chowki 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 Ambagarh Chowki is presented in the table alongside.

Use of Axis Bank MICR code for Ambagarh Chowki branch in ambagarh chowki

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ambagarh Chowki 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.

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