Axis Bank Begunia Khurda Orissa MICR CODE

Find MICR Codes for Axis Bank Begunia Khurda Orissa

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MICR Code	752211001
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Begunia
Contact	8763760640
Bank Details	Axis Bank Begunia UTIB0003073

Location	Begunia, Khurda
City	Begunia
District	Khurda
State	Orissa
Pincode	752062
Country	IN
Address	Ground floor main road nh 57 begunia khordha odisha khurda begunia jagiribad pin 752062

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 752211001 for Begunia 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 752211001 of Axis Bank, Begunia branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Begunia 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 -

>>Begunia

MICR code for Axis Bank Begunia

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 Begunia 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. 752211001 is the MICR code of Axis Bank for Begunia branch. MICR code for Begunia 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 Begunia is presented in the table alongside.

Use of Axis Bank MICR code for Begunia branch in begunia

The MICR code 752211001 is used in RBI cheque clearing process to identify the branch Begunia 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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