Axis Bank Gumla Gumla Jharkhand MICR CODE

Find MICR Codes for Axis Bank Gumla Gumla Jharkhand

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gumla
Contact 8521466978
Bank Details Axis Bank Gumla UTIB0002606
Location Gumla, Gumla
City Gumla
District Gumla
State Jharkhand
Pincode 835207
Country IN
Address Ward no 13 house no8 lohargad road dist gumla jharkhand pin 835207
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 835211102 for Gumla 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 835211102 of Axis Bank, Gumla branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gumla 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 -

>>Gumla

MICR code for Axis Bank Gumla

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 Gumla 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. 835211102 is the MICR code of Axis Bank for Gumla branch. MICR code for Gumla 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 Gumla is presented in the table alongside.

Use of Axis Bank MICR code for Gumla branch in gumla

The MICR code 835211102 is used in RBI cheque clearing process to identify the branch Gumla 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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