Axis Bank Budhlada Mansa Punjab MICR CODE

Find MICR Codes for Axis Bank Budhlada Mansa Punjab

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Budhlada
Contact
Bank Details Axis Bank Budhlada UTIB0001517
Location Budhlada, Mansa
City Budhlada
District Mansa
State Punjab
Pincode 151502
Country IN
Address Ground floor, unit no. 198, mangal bhawan, mukherjee marg, budhlada, dist. Mansa, punjab , pin151502
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 151211412 for Budhlada 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 151211412 of Axis Bank, Budhlada branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Budhlada 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 -

>>Bahadurpur >>Budhlada

MICR code for Axis Bank Budhlada

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 Budhlada 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. 151211412 is the MICR code of Axis Bank for Budhlada branch. MICR code for Budhlada 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 Budhlada is presented in the table alongside.

Use of Axis Bank MICR code for Budhlada branch in budhlada

The MICR code 151211412 is used in RBI cheque clearing process to identify the branch Budhlada 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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