Axis Bank Khurda Khurda Orissa MICR CODE

Find MICR Codes for Axis Bank Khurda Khurda Orissa

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jagamara
Contact (0674) 2350030/31
Bank Details Axis Bank Jagamara UTIB0002290
Location Khurda, Khurda
City Khurda
District Khurda
State Orissa
Pincode 751030
Country IN
Address Ground floor, plot no: 10, jagamara, bhubaneswar, dist.khurda, orissa, pin 751030
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 751211015 for Jagamara 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 751211015 of Axis Bank, Jagamara branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jagamara 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 -

>>Jagamara >>Khordha

MICR code for Axis Bank Jagamara

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 Jagamara 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. 751211015 is the MICR code of Axis Bank for Jagamara branch. MICR code for Jagamara 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 Jagamara is presented in the table alongside.

Use of Axis Bank MICR code for Jagamara branch in khurda

The MICR code 751211015 is used in RBI cheque clearing process to identify the branch Jagamara 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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