Axis Bank Sangrur Bhawanigarh Punjab MICR CODE

Find MICR Codes for Axis Bank Sangrur Bhawanigarh Punjab

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MICR Code	148211006
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhawanigarh
Contact	9780192500
Bank Details	Axis Bank Bhawanigarh UTIB0003505

Location	Sangrur, Bhawanigarh
City	Sangrur
District	Bhawanigarh
State	Punjab
Pincode	148026
Country	IN
Address	Gr flr part of khata no 64 90 khasra nos 101 12 2 5 10

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 148211006 for Bhawanigarh 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 148211006 of Axis Bank, Bhawanigarh branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhawanigarh 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 -

>>Bhawanigarh

MICR code for Axis Bank Bhawanigarh

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 Bhawanigarh 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. 148211006 is the MICR code of Axis Bank for Bhawanigarh branch. MICR code for Bhawanigarh 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 Bhawanigarh is presented in the table alongside.

Use of Axis Bank MICR code for Bhawanigarh branch in sangrur

The MICR code 148211006 is used in RBI cheque clearing process to identify the branch Bhawanigarh 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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