Axis Bank Jiaganj Murshidabad West Bengal MICR CODE

Find MICR Codes for Axis Bank Jiaganj Murshidabad West Bengal

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jiaganj Branch
Contact 9564638490
Bank Details Axis Bank Jiaganj Branch UTIB0002947
Location Jiaganj, Murshidabad
City Jiaganj
District Murshidabad
State West Bengal
Pincode 742123
Country IN
Address Gr flr netaji more main road ward no 5 opposite jain mandir po ps jiaganj pin 742123
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 742211601 for Jiaganj Branch 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 742211601 of Axis Bank, Jiaganj Branch branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jiaganj Branch 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 -

>>Jiaganj Branch

MICR code for Axis Bank Jiaganj Branch

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 Jiaganj Branch 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. 742211601 is the MICR code of Axis Bank for Jiaganj Branch branch. MICR code for Jiaganj Branch 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 Jiaganj Branch is presented in the table alongside.

Use of Axis Bank MICR code for Jiaganj Branch branch in jiaganj

The MICR code 742211601 is used in RBI cheque clearing process to identify the branch Jiaganj Branch 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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