Axis Bank Tarntaran Amritsar Punjab MICR CODE

Find MICR Codes for Axis Bank Tarntaran Amritsar Punjab

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gandiwind
Contact 8728045666
Bank Details Axis Bank Gandiwind UTIB0002215
Location Tarntaran, Amritsar
City Tarntaran
District Amritsar
State Punjab
Pincode 143412
Country IN
Address Ground flooor khasra no.41/24 (1-0)vill gandiwindteh. Tarntaran
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 143211305 for Gandiwind 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 143211305 of Axis Bank, Gandiwind branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gandiwind 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 -

>>Gandiwind

MICR code for Axis Bank Gandiwind

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 Gandiwind 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. 143211305 is the MICR code of Axis Bank for Gandiwind branch. MICR code for Gandiwind 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 Gandiwind is presented in the table alongside.

Use of Axis Bank MICR code for Gandiwind branch in tarntaran

The MICR code 143211305 is used in RBI cheque clearing process to identify the branch Gandiwind 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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