Axis Bank Meerut Meerut Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Meerut Meerut Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhawanpur
Contact 9528555436
Bank Details Axis Bank Bhawanpur UTIB0002531
Location Meerut, Meerut
City Meerut
District Meerut
State Uttar Pradesh
Pincode 250406
Country IN
Address Ground floor, khasra no 447, village :- bhawanpur, post office:- siyal, tehsil : meerut, district :- meerut, uttar pradesh, pin 250406,meerut,uttar pradesh,250406
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 250406000 for Bhawanpur 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 250406000 of Axis Bank, Bhawanpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhawanpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Bhawanpur

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 Bhawanpur 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. 250406000 is the MICR code of Axis Bank for Bhawanpur branch. MICR code for Bhawanpur 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 Bhawanpur is presented in the table alongside.

Use of Axis Bank MICR code for Bhawanpur branch in meerut

The MICR code 250406000 is used in RBI cheque clearing process to identify the branch Bhawanpur 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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