Axis Bank Ichapur North 24 Parganas West Bengal MICR CODE

Find MICR Codes for Axis Bank Ichapur North 24 Parganas West Bengal

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MICR Code	700211124
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ichapur
Contact	25616186
Bank Details	Axis Bank Ichapur UTIB0002880

Location	Ichapur, North 24 Parganas
City	Ichapur
District	North 24 Parganas
State	West Bengal
Pincode	743144
Country	IN
Address	Gr flr brajanath pal street opp ordnance factories hospital ichapur pin 743144

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 700211124 for Ichapur 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 700211124 of Axis Bank, Ichapur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ichapur 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 -

>>Ichapur

MICR code for Axis Bank Ichapur

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 Ichapur 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. 700211124 is the MICR code of Axis Bank for Ichapur branch. MICR code for Ichapur 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 Ichapur is presented in the table alongside.

Use of Axis Bank MICR code for Ichapur branch in ichapur

The MICR code 700211124 is used in RBI cheque clearing process to identify the branch Ichapur 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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