Axis Bank Bokaro Chandankiari Jharkhand MICR CODE

Find MICR Codes for Axis Bank Bokaro Chandankiari Jharkhand

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandankiari
Contact 326-7004650733
Bank Details Axis Bank Chandankiari UTIB0005795
Location Bokaro, Chandankiari
City Bokaro
District Chandankiari
State Jharkhand
Pincode
Country IN
Address Chandankiari bypass road, hardayal chowk, po ps chandankiari, dist bokaro, jharkhand
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.

Search Axis Bank MICR Codes in chandankiari

You can search through MICR Codes of Jharkhand branches in bokaro of District chandankiari in Jharkhand State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Axis Bank are available with micr code -

>>Chandankiari

How to find MICR codes for Axis Bank in bokaro?

Axis Bank bokaro MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Axis Bank MICR codes list for bokaro, one can further search by branch name specified in the table. You can find MICR codes for all Axis Bank bokaro branches.

Axis Bank MICR code in bokaro

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for bokaro branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Axis Bank branches in bokaro, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Axis Bank MICR code for bokaro branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Axis Bank bokaro branch, sprinted 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. Thus MICR code for Axis Bank bokaro branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for bokaro branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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