Axis Bank Barwala Panchkula Haryana MICR CODE

Find MICR Codes for Axis Bank Barwala Panchkula Haryana

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MICR Code	160211030
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Batour
Contact	Shri Rajeev Dang 9996009817
Bank Details	Axis Bank Batour UTIB0001916

Location	Barwala, Panchkula
City	Barwala
District	Panchkula
State	Haryana
Pincode	134118
Country	IN
Address	Rana complex,khewat no. 15, khatauni no. 21, khasra no. 47//15/1(7-2), hadbast no. 247, village : batour, po : barwala, dist. Panchkula, haryana,pin 134118

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 160211030 for Batour 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 160211030 of Axis Bank, Batour branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Batour branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Batour >>The Panchkula Central Cooperative Bank Ltd.

MICR code for Axis Bank Batour

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 Batour 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. 160211030 is the MICR code of Axis Bank for Batour branch. MICR code for Batour 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 Batour is presented in the table alongside.

Use of Axis Bank MICR code for Batour branch in barwala

The MICR code 160211030 is used in RBI cheque clearing process to identify the branch Batour 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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