Axis Bank Sangrur Malerkotla Punjab MICR CODE

Find MICR Codes for Axis Bank Sangrur Malerkotla Punjab

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ferozepur Kuthala
Contact 00
Bank Details Axis Bank Ferozepur Kuthala UTIB0004670
Location Sangrur, Malerkotla
City Sangrur
District Malerkotla
State Punjab
Pincode 148020
Country IN
Address Ground floor, near tara singh gurudwara, main bus stand, village ferozepur kuthala,tehsil malerkotla, distt sangrur ferozepur kuthala 148020
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 148211104 for Ferozepur Kuthala 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 148211104 of Axis Bank, Ferozepur Kuthala branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ferozepur Kuthala 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 -

>>Ferozepur Kuthala

MICR code for Axis Bank Ferozepur Kuthala

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 Ferozepur Kuthala 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. 148211104 is the MICR code of Axis Bank for Ferozepur Kuthala branch. MICR code for Ferozepur Kuthala 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 Ferozepur Kuthala is presented in the table alongside.

Use of Axis Bank MICR code for Ferozepur Kuthala branch in sangrur

The MICR code 148211104 is used in RBI cheque clearing process to identify the branch Ferozepur Kuthala 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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