Axis Bank Duburi Jajpur Orissa MICR CODE

Find MICR Codes for Axis Bank Duburi Jajpur Orissa

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MICR Code	755211001
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Duburi
Contact	624500124
Bank Details	Axis Bank Duburi UTIB0003026

Location	Duburi, Jajpur
City	Duburi
District	Jajpur
State	Orissa
Pincode	755026
Country	IN
Address	Axis bank ltd ground floor at poduburipskalinga nagar duburi 755026

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 755211001 for Duburi 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 755211001 of Axis Bank, Duburi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Duburi 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 -

>>Duburi

MICR code for Axis Bank Duburi

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 Duburi 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. 755211001 is the MICR code of Axis Bank for Duburi branch. MICR code for Duburi 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 Duburi is presented in the table alongside.

Use of Axis Bank MICR code for Duburi branch in duburi

The MICR code 755211001 is used in RBI cheque clearing process to identify the branch Duburi 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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