Axis Bank Chandigarh Chandigarh Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Chandigarh Chandigarh Chhattisgarh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandigarh
Contact 172-9988029280
Bank Details Axis Bank Chandigarh UTIB0005410
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Chhattisgarh
Pincode 160019
Country IN
Address Axis bank ltd ground and first floor, sco 4, sector 27 c, chandigarh 160019
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 chandigarh

You can search through MICR Codes of Chhattisgarh branches in chandigarh of District chandigarh in Chhattisgarh 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 -

>>Chandigarh

How to find MICR codes for Axis Bank in chandigarh?

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

Axis Bank MICR code in chandigarh

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for chandigarh 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 chandigarh, 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 chandigarh 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 chandigarh 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 chandigarh branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for chandigarh 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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