Axis Bank Jajpur Town Jajpur Orissa MICR CODE

Find MICR Codes for Axis Bank Jajpur Town Jajpur Orissa

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jajpur Town
Contact (06728) 223245/ 6/ 7 / (06728) 223248
Bank Details Axis Bank Jajpur Town UTIB0001122
Location Jajpur Town, Jajpur
City Jajpur Town
District Jajpur
State Orissa
Pincode 755101
Country IN
Address Sri. Ganesh i.t.i. Campus,sitaleswar, jajpur town,p.s. Jajpur town,orissa, 755101
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 755211003 for Jajpur Town 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 755211003 of Axis Bank, Jajpur Town branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jajpur Town 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 -

>>Jajpur Town

MICR code for Axis Bank Jajpur Town

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 Jajpur Town 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. 755211003 is the MICR code of Axis Bank for Jajpur Town branch. MICR code for Jajpur Town 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 Jajpur Town is presented in the table alongside.

Use of Axis Bank MICR code for Jajpur Town branch in jajpur town

The MICR code 755211003 is used in RBI cheque clearing process to identify the branch Jajpur Town 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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