Axis Bank Karauli Karauli Rajasthan MICR CODE

Find MICR Codes for Axis Bank Karauli Karauli Rajasthan

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karauli
Contact 9549041666
Bank Details Axis Bank Karauli UTIB0003747
Location Karauli, Karauli
City Karauli
District Karauli
State Rajasthan
Pincode 322241
Country IN
Address Gr flr, plot no. 07, khasra no. 5321, satyawati vihar,ákarauliá322241, rajasthan
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 322211005 for Karauli 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 322211005 of Axis Bank, Karauli branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Karauli 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 -

>>Karauli

MICR code for Axis Bank Karauli

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 Karauli 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. 322211005 is the MICR code of Axis Bank for Karauli branch. MICR code for Karauli 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 Karauli is presented in the table alongside.

Use of Axis Bank MICR code for Karauli branch in karauli

The MICR code 322211005 is used in RBI cheque clearing process to identify the branch Karauli 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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