Axis Bank Central Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Axis Bank Central Delhi New Delhi New Delhi

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ito Bahadur Shah Zafar Marg Delhi
Contact 91-8010523440
Bank Details Axis Bank Ito Bahadur Shah Zafar Marg Delhi UTIB0005924
Location Central Delhi, New Delhi
City Central Delhi
District New Delhi
State New Delhi
Pincode
Country IN
Address Ground floor, shop no gf 2a, gf 1c, gf 1b, gf 1a, gf 2b, gf 2c, gf 2d, milap niketan, 8a, bahadur shah zafar marg
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 Ito Bahadur Shah Zafar Marg Delhi 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, Ito Bahadur Shah Zafar Marg Delhi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ito Bahadur Shah Zafar Marg Delhi 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 -

>>Ito Bahadur Shah Zafar Marg Delhi

MICR code for Axis Bank Ito Bahadur Shah Zafar Marg Delhi

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 Ito Bahadur Shah Zafar Marg Delhi 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 Ito Bahadur Shah Zafar Marg Delhi branch. MICR code for Ito Bahadur Shah Zafar Marg Delhi 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 Ito Bahadur Shah Zafar Marg Delhi is presented in the table alongside.

Use of Axis Bank MICR code for Ito Bahadur Shah Zafar Marg Delhi branch in central delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ito Bahadur Shah Zafar Marg Delhi 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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