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Axis Bank Panipat Panipat Haryana MICR CODE

Find MICR Codes for Axis Bank Panipat Panipat Haryana

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dahar
Contact 8053112402
Bank Details Axis Bank Dahar UTIB0002077
Location Panipat, Panipat
City Panipat
District Panipat
State Haryana
Pincode 132145
Country IN
Address Axis bank ltd., ground floor, khewat no. 48, khatuni no. 57, rect no. 65, killa no. 23/2/2 (3-0), 24/2 (6-16), 25/1(2-4), village :- dahar- 132145, distt. Panipat, haryana
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 132211004 for Dahar 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 132211004 of Axis Bank, Dahar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Dahar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Dahar

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 Dahar 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. 132211004 is the MICR code of Axis Bank for Dahar branch. MICR code for Dahar 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 Dahar is presented in the table alongside.

Use of Axis Bank MICR code for Dahar branch in panipat

The MICR code 132211004 is used in RBI cheque clearing process to identify the branch Dahar 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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