Axis Bank Rajkot Chhapra Gujarat MICR CODE

Find MICR Codes for Axis Bank Rajkot Chhapra Gujarat

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chhapra Rajkot
Contact 281-8490085117
Bank Details Axis Bank Chhapra Rajkot UTIB0005529
Location Rajkot, Chhapra
City Rajkot
District Chhapra
State Gujarat
Pincode 360035
Country IN
Address Ground floor, shed no 2 and 3, plot no (1 g 1 h) by 3, r s no 291 by 2, chhapra, tal lodhika, dist rajkot 360035, gujarat
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 Chhapra Rajkot 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, Chhapra Rajkot branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Chhapra Rajkot branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Chhapra Rajkot

MICR code for Axis Bank Chhapra Rajkot

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 Chhapra Rajkot 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 Chhapra Rajkot branch. MICR code for Chhapra Rajkot 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 Chhapra Rajkot is presented in the table alongside.

Use of Axis Bank MICR code for Chhapra Rajkot branch in rajkot

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