Axis Bank Sitapur Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Sitapur Sitapur Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Biswan
Contact
Bank Details Axis Bank Biswan UTIB0004136
Location Sitapur, Sitapur
City Sitapur
District Sitapur
State Uttar Pradesh
Pincode 261201
Country IN
Address Ground first floor building no 23 purwari tola bada chauraha biswan 261201
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 0 for Biswan 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 0 of Axis Bank, Biswan branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Biswan 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 -

>>Biswan >>Sitapur Up

MICR code for Axis Bank Biswan

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 Biswan 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. 0 is the MICR code of Axis Bank for Biswan branch. MICR code for Biswan 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 Biswan is presented in the table alongside.

Use of Axis Bank MICR code for Biswan branch in sitapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Biswan 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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