Axis Bank Anandapur Keonjhar Orissa MICR CODE

Find MICR Codes for Axis Bank Anandapur Keonjhar Orissa

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anandapur
Contact 220005
Bank Details Axis Bank Anandapur UTIB0003471
Location Anandapur, Keonjhar
City Anandapur
District Keonjhar
State Orissa
Pincode 758015
Country IN
Address Khata no 46 212 plot no 74 ghasipura mkt rd nr boi anandapur pin 758015
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 758211003 for Anandapur 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 758211003 of Axis Bank, Anandapur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Anandapur 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 -

>>Anandapur

MICR code for Axis Bank Anandapur

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 Anandapur 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. 758211003 is the MICR code of Axis Bank for Anandapur branch. MICR code for Anandapur 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 Anandapur is presented in the table alongside.

Use of Axis Bank MICR code for Anandapur branch in anandapur

The MICR code 758211003 is used in RBI cheque clearing process to identify the branch Anandapur 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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