Axis Bank Samana Patiala Punjab MICR CODE

Find MICR Codes for Axis Bank Samana Patiala Punjab

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MICR Code	147211203
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bijalpur
Contact	8872346361
Bank Details	Axis Bank Bijalpur UTIB0001988

Location	Samana, Patiala
City	Samana
District	Patiala
State	Punjab
Pincode	147101
Country	IN
Address	Gr fr, khasra no18/15(0-11), 18/15/1(010), 18//15(0-1), khewat no.50/110, 56/132, 5, main rd, vil bijalpur tehsil:samana, bijalpur, pin-147101

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 147211203 for Bijalpur 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 147211203 of Axis Bank, Bijalpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bijalpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Bijalpur >>Mavi Kalan >>Samana Punjab

MICR code for Axis Bank Bijalpur

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 Bijalpur 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. 147211203 is the MICR code of Axis Bank for Bijalpur branch. MICR code for Bijalpur 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 Bijalpur is presented in the table alongside.

Use of Axis Bank MICR code for Bijalpur branch in samana

The MICR code 147211203 is used in RBI cheque clearing process to identify the branch Bijalpur 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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