Axis Bank Agar Malwa Agar Malwa Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Agar Malwa Agar Malwa Madhya Pradesh

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MICR Code	465211201
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kayra
Contact	7361-9243234663
Bank Details	Axis Bank Kayra UTIB0004870

Location	Agar Malwa, Agar Malwa
City	Agar Malwa
District	Agar Malwa
State	Madhya Pradesh
Pincode
Country	IN
Address	Ground floor, kota agra road village kayra, tehsil susner dist agar malwa, shajapur - old

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 465211201 for Kayra 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 465211201 of Axis Bank, Kayra branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kayra 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 -

>>Kayra

MICR code for Axis Bank Kayra

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 Kayra 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. 465211201 is the MICR code of Axis Bank for Kayra branch. MICR code for Kayra 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 Kayra is presented in the table alongside.

Use of Axis Bank MICR code for Kayra branch in agar malwa

The MICR code 465211201 is used in RBI cheque clearing process to identify the branch Kayra 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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