Axis Bank Nagaon Nagaon Assam MICR CODE

Find MICR Codes for Axis Bank Nagaon Nagaon Assam

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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	Bazar Branch Nagaon
Contact
Bank Details	Axis Bank Bazar Branch Nagaon UTIB0004399

Location	Nagaon, Nagaon
City	Nagaon
District	Nagaon
State	Assam
Pincode	782001
Country	IN
Address	Regal arcade bb road dacca patti 782001

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 Bazar Branch Nagaon 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, Bazar Branch Nagaon branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bazar Branch Nagaon 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 -

>>Bazar Branch Nagaon >>Nagaon Assam

MICR code for Axis Bank Bazar Branch Nagaon

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 Bazar Branch Nagaon 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 Bazar Branch Nagaon branch. MICR code for Bazar Branch Nagaon 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 Bazar Branch Nagaon is presented in the table alongside.

Use of Axis Bank MICR code for Bazar Branch Nagaon branch in nagaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bazar Branch Nagaon 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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