Axis Bank Jalalabad Moga Punjab MICR CODE

Find MICR Codes for Axis Bank Jalalabad Moga Punjab

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jalalabad
Contact 01638-251070 /252070
Bank Details Axis Bank Jalalabad UTIB0001987
Location Jalalabad, Moga
City Jalalabad
District Moga
State Punjab
Pincode 152024
Country IN
Address Plot no. 917/1,bank road, near state bank of patiala, district : f, jalalabad, pin-152024
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 152211302 for Jalalabad 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 152211302 of Axis Bank, Jalalabad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jalalabad 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 -

>>Jalalabad

MICR code for Axis Bank Jalalabad

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 Jalalabad 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. 152211302 is the MICR code of Axis Bank for Jalalabad branch. MICR code for Jalalabad 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 Jalalabad is presented in the table alongside.

Use of Axis Bank MICR code for Jalalabad branch in jalalabad

The MICR code 152211302 is used in RBI cheque clearing process to identify the branch Jalalabad 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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