Axis Bank Patiala Patiala Punjab MICR CODE

Find MICR Codes for Axis Bank Patiala Patiala Punjab

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhadson Road Patiala
Contact 7508130077
Bank Details Axis Bank Bhadson Road Patiala UTIB0003529
Location Patiala, Patiala
City Patiala
District Patiala
State Punjab
Pincode 147004
Country IN
Address Gr flr, khata no. 77512791, khasra no. 3051196695916, 1960012²and khata no. 11001785, bhdson rd patiala
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 147211018 for Bhadson Road Patiala 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 147211018 of Axis Bank, Bhadson Road Patiala branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhadson Road Patiala branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Bhadson Road Patiala

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 Bhadson Road Patiala 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. 147211018 is the MICR code of Axis Bank for Bhadson Road Patiala branch. MICR code for Bhadson Road Patiala 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 Bhadson Road Patiala is presented in the table alongside.

Use of Axis Bank MICR code for Bhadson Road Patiala branch in patiala

The MICR code 147211018 is used in RBI cheque clearing process to identify the branch Bhadson Road Patiala 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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