Axis Bank Ambala Ambala Haryana MICR CODE

Find MICR Codes for Axis Bank Ambala Ambala Haryana

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Cloth Market Ambala
Contact	171-9416856725
Bank Details	Axis Bank Cloth Market Ambala UTIB0005537

Location	Ambala, Ambala
City	Ambala
District	Ambala
State	Haryana
Pincode
Country	IN
Address	Ground floor and first floor,sco no 21,vivekanand market, near aggrasain chowk,ambala city

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

A total of 20 branches of Axis Bank are available with micr code -

>>Ambala City Haryana >>Burewala >>Cloth Market Ambala >>Dhurkra >>Dukheri >>Garnala >>Ismailpur >>Jalvera Road >>Jamsui >>Kanwala >>Khaira >>Konkpur >>Prem Nagar Ambala >>Raiwali >>Rawlan >>Saha Dhakola >>Sambhalkha >>The Ambala Central Cooperative Bank Ltd >>The Panipat Urban Co Op Bank Ltd >>Timber Market Ambala

MICR code for Axis Bank Cloth Market Ambala

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 Cloth Market Ambala 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 Cloth Market Ambala branch. MICR code for Cloth Market Ambala 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 Cloth Market Ambala is presented in the table alongside.

Use of Axis Bank MICR code for Cloth Market Ambala branch in ambala

The MICR code 0 is used in RBI cheque clearing process to identify the branch Cloth Market Ambala 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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