Axis Bank Faridabad Hirapur Haryana MICR CODE

Find MICR Codes for Axis Bank Faridabad Hirapur Haryana

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hirapur Village
Contact 129-9560289583
Bank Details Axis Bank Hirapur Village UTIB0005127
Location Faridabad, Hirapur
City Faridabad
District Hirapur
State Haryana
Pincode
Country IN
Address Ground floor, khasra 17 21 2 2,mushtil 17,khewat no 75,khatauni 88, village hirapur, dist faridabad
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 0 for Hirapur Village 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 0 of Axis Bank, Hirapur Village branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Hirapur Village 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 -

>>Hirapur Village

MICR code for Axis Bank Hirapur Village

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 Hirapur Village 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. 0 is the MICR code of Axis Bank for Hirapur Village branch. MICR code for Hirapur Village 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 Hirapur Village is presented in the table alongside.

Use of Axis Bank MICR code for Hirapur Village branch in faridabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hirapur Village 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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