MICR Code Bank
Find MICR code for Axis Bank Dabra branches in India for NEFT and RTGS transfer

Axis Bank Dabra MICR CODE

Find MICR Codes for Axis Bank Dabra

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  1. Axis Bank »
  2. Madhya Pradesh »
  3. gwalior »
  4. dabra »
  5. dabra ( m p )

Find MICR Codes for Axis Bank Dabra

MICR Code: 475211051
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Dabra ( M P )
Contact: 9993066639
Bank Details: Axis Bank Dabra ( M P ) UTIB0001930
Location: Dabra, Gwalior
City: Dabra
District: Gwalior
State: Madhya Pradesh
Pincode: 475110
Country: IN
Address: Building no. 424,near gautam filling station (petrol pump), harsi bhitarwar main road, dabra (mp) - 475110

How does MICR code for dabra 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 of Axis Bank, dabra branch makes the system almost error free and faster. Use of Axis Bank MICR codes for dabra 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

>>Dabra ( M P )

MICR code for Axis Bank dabra

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

Use of Axis Bank MICR code for dabra branch in dabra

The MICR code is used in RBI cheque clearing process to identify the branch dabra 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.