Axis Bank Bagula Nadia West Bengal MICR CODE

Find MICR Codes for Axis Bank Bagula Nadia West Bengal

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MICR Code	741211503
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bagula
Contact	9674530597
Bank Details	Axis Bank Bagula UTIB0003866

Location	Bagula, Nadia
City	Bagula
District	Nadia
State	West Bengal
Pincode	741502
Country	IN
Address	Ground floor, plot no 932,bagula hanskhali road,near old electric office,ps hanskhali

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 741211503 for Bagula 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 741211503 of Axis Bank, Bagula branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bagula 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 -

>>Bagula

MICR code for Axis Bank Bagula

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 Bagula 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. 741211503 is the MICR code of Axis Bank for Bagula branch. MICR code for Bagula 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 Bagula is presented in the table alongside.

Use of Axis Bank MICR code for Bagula branch in bagula

The MICR code 741211503 is used in RBI cheque clearing process to identify the branch Bagula 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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