Axis Bank Sas Nagar(Mohali) Rupnagar Punjab MICR CODE

Find MICR Codes for Axis Bank Sas Nagar(Mohali) Rupnagar Punjab

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MICR Code	160211036
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hamayunpur
Contact	8054704803
Bank Details	Axis Bank Hamayunpur UTIB0002247

Location	Sas Nagar(Mohali), Rupnagar
City	Sas Nagar(Mohali)
District	Rupnagar
State	Punjab
Pincode	140501
Country	IN
Address	Grond floor, khewat/khatauni no.129/196, khasrano. 1751/835/1(1-0),village: hamayunpur, tehsil : derabassi,dist:sas nagar, punjab, pin 140501

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 160211036 for Hamayunpur 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 160211036 of Axis Bank, Hamayunpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Hamayunpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Axis Bank are available with micr code -

>>Chau Majra >>Hamayunpur >>Kansala >>Mohali >>Mohali Phase 5 >>Papri

MICR code for Axis Bank Hamayunpur

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 Hamayunpur 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. 160211036 is the MICR code of Axis Bank for Hamayunpur branch. MICR code for Hamayunpur 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 Hamayunpur is presented in the table alongside.

Use of Axis Bank MICR code for Hamayunpur branch in sas nagar(mohali)

The MICR code 160211036 is used in RBI cheque clearing process to identify the branch Hamayunpur 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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