Axis Bank Muktsar Muktsar Punjab MICR CODE

Find MICR Codes for Axis Bank Muktsar Muktsar Punjab

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MICR Code	152211992
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Buttar Sarien
Contact	9.1814643887e+011
Bank Details	Axis Bank Buttar Sarien UTIB0002464

Location	Muktsar, Muktsar
City	Muktsar
District	Muktsar
State	Punjab
Pincode	152031
Country	IN
Address	Village post office buttar sarien tehsil gidderbaha district muktsar state punjab india 152031

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 152211992 for Buttar Sarien 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 152211992 of Axis Bank, Buttar Sarien branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Buttar Sarien branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Axis Bank are available with micr code -

>>Bhangewala >>Bharu >>Buttar Sarien >>Jhabelwali >>Kotkapura Road >>Muktsar >>Tharajwala >>The Muktsar Central Cooperative Bank Ltd

MICR code for Axis Bank Buttar Sarien

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 Buttar Sarien 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. 152211992 is the MICR code of Axis Bank for Buttar Sarien branch. MICR code for Buttar Sarien 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 Buttar Sarien is presented in the table alongside.

Use of Axis Bank MICR code for Buttar Sarien branch in muktsar

The MICR code 152211992 is used in RBI cheque clearing process to identify the branch Buttar Sarien 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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