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Axis Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Axis Bank Delhi Delhi New Delhi

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch East Park Road Karol Bagh
Contact 11-9953596605
Bank Details Axis Bank East Park Road Karol Bagh UTIB0005462
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 595207
Country IN
Address Entire ground floor,municipal no 880,khasra no 595 207,block f,east park road,karol bagh
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 East Park Road Karol Bagh 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, East Park Road Karol Bagh branch makes the system almost error free and faster. Use of Axis Bank MICR codes for East Park Road Karol Bagh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 102 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank East Park Road Karol Bagh

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 East Park Road Karol Bagh 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 East Park Road Karol Bagh branch. MICR code for East Park Road Karol Bagh 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 East Park Road Karol Bagh is presented in the table alongside.

Use of Axis Bank MICR code for East Park Road Karol Bagh branch in delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch East Park Road Karol Bagh 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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