Axis Bank Unnao Unnao Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Unnao Unnao Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangarmau
Contact 9453347134
Bank Details Axis Bank Bangarmau UTIB0004040
Location Unnao, Unnao
City Unnao
District Unnao
State Uttar Pradesh
Pincode 209868
Country IN
Address Ug floor h no 492 khasra 1622 nonihalganj bangarmau pin 209868
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 Bangarmau 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, Bangarmau branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bangarmau branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Bangarmau >>Haraepur >>Unnao

MICR code for Axis Bank Bangarmau

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 Bangarmau 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 Bangarmau branch. MICR code for Bangarmau 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 Bangarmau is presented in the table alongside.

Use of Axis Bank MICR code for Bangarmau branch in unnao

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bangarmau 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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