Axis Bank Imphal Imphal Manipur MICR CODE

Find MICR Codes for Axis Bank Imphal Imphal Manipur

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MICR Code	795211504
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chingmeirong
Contact	2421128
Bank Details	Axis Bank Chingmeirong UTIB0003210

Location	Imphal, Imphal
City	Imphal
District	Imphal
State	Manipur
Pincode	795001
Country	IN
Address	Ground floor, green land square, chingmeirong, imphal east 795001

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 795211504 for Chingmeirong 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 795211504 of Axis Bank, Chingmeirong branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Chingmeirong branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Axis Bank are available with micr code -

>>Chingmeirong >>Paona Bazar Imphal >>Porompat >>The Manipur Womens Coop Bank Ltd

MICR code for Axis Bank Chingmeirong

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 Chingmeirong 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. 795211504 is the MICR code of Axis Bank for Chingmeirong branch. MICR code for Chingmeirong 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 Chingmeirong is presented in the table alongside.

Use of Axis Bank MICR code for Chingmeirong branch in imphal

The MICR code 795211504 is used in RBI cheque clearing process to identify the branch Chingmeirong 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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