Axis Bank Jaleswar Baleshwar Orissa MICR CODE

Find MICR Codes for Axis Bank Jaleswar Baleshwar Orissa

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Huguli
Contact 9692047505
Bank Details Axis Bank Huguli UTIB0002326
Location Jaleswar, Baleshwar
City Jaleswar
District Baleshwar
State Orissa
Pincode 756085
Country IN
Address Ground & first floor, khata no.22 , plot no: 439 village: huguli, mouza: huguli, tehsil: jaleswar, district: balasore, orissa, pin 756085
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 Huguli 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, Huguli branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Huguli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Huguli >>Jaleswar

MICR code for Axis Bank Huguli

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 Huguli 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 Huguli branch. MICR code for Huguli 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 Huguli is presented in the table alongside.

Use of Axis Bank MICR code for Huguli branch in jaleswar

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