Axis Bank Jagraon Ludhiana Punjab MICR CODE

Find MICR Codes for Axis Bank Jagraon Ludhiana Punjab

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhamipura Kalan
Contact 9988822803
Bank Details Axis Bank Bhamipura Kalan UTIB0002460
Location Jagraon, Ludhiana
City Jagraon
District Ludhiana
State Punjab
Pincode 142034
Country IN
Address Ground floor, khasra no. 99// 6/3(1-12), khata no. 335/367, village:- bhamipura kalan, tehsil: jagraon, dist: ludhiana, punjab, pin 142034
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 141211901 for Bhamipura Kalan 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 141211901 of Axis Bank, Bhamipura Kalan branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhamipura Kalan 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 -

>>Bhamipura Kalan >>Bhatta Dhua

MICR code for Axis Bank Bhamipura Kalan

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 Bhamipura Kalan 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. 141211901 is the MICR code of Axis Bank for Bhamipura Kalan branch. MICR code for Bhamipura Kalan 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 Bhamipura Kalan is presented in the table alongside.

Use of Axis Bank MICR code for Bhamipura Kalan branch in jagraon

The MICR code 141211901 is used in RBI cheque clearing process to identify the branch Bhamipura Kalan 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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