Axis Bank Faridpur Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Faridpur Bareilly Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Faridpur
Contact 9897088494
Bank Details Axis Bank Faridpur UTIB0003358
Location Faridpur, Bareilly
City Faridpur
District Bareilly
State Uttar Pradesh
Pincode 243503
Country IN
Address Gr flr ward no 3 mohalla farrakhpur++dbc nh 24 faridpur distt bareilly
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 243211502 for Faridpur 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 243211502 of Axis Bank, Faridpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Faridpur 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 -

>>Faridpur

MICR code for Axis Bank Faridpur

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 Faridpur 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. 243211502 is the MICR code of Axis Bank for Faridpur branch. MICR code for Faridpur 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 Faridpur is presented in the table alongside.

Use of Axis Bank MICR code for Faridpur branch in faridpur

The MICR code 243211502 is used in RBI cheque clearing process to identify the branch Faridpur 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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