Axis Bank Bhiwani Bhiwani Haryana MICR CODE

Find MICR Codes for Axis Bank Bhiwani Bhiwani Haryana

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MICR Code	127211002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhiwani (Haryana)
Contact	127021
Bank Details	Axis Bank Bhiwani (Haryana) UTIB0000402

Location	Bhiwani, Bhiwani
City	Bhiwani
District	Bhiwani
State	Haryana
Pincode
Country	IN
Address	Khasra no 723/2 circular road,baba nagar

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 127211002 for Bhiwani (Haryana) 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 127211002 of Axis Bank, Bhiwani (Haryana) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhiwani (Haryana) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Axis Bank are available with micr code -

>>Bhiwani (Haryana) >>Bhiwani Loharu Road >>Rawaldhi >>Siwani >>The Bhiwani Central Cooperative Bank Ltd

MICR code for Axis Bank Bhiwani (Haryana)

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 Bhiwani (Haryana) 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. 127211002 is the MICR code of Axis Bank for Bhiwani (Haryana) branch. MICR code for Bhiwani (Haryana) 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 Bhiwani (Haryana) is presented in the table alongside.

Use of Axis Bank MICR code for Bhiwani (Haryana) branch in bhiwani

The MICR code 127211002 is used in RBI cheque clearing process to identify the branch Bhiwani (Haryana) 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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