Axis Bank Khallikote Ganjam Orissa MICR CODE

Find MICR Codes for Axis Bank Khallikote Ganjam Orissa

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MICR Code	761211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Khalikote
Contact	9787681915
Bank Details	Axis Bank Khalikote UTIB0003274

Location	Khallikote, Ganjam
City	Khallikote
District	Ganjam
State	Orissa
Pincode	761030
Country	IN
Address	Ground floor karan street khalikote odisha ganjam pin 761030

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 761211003 for Khalikote 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 761211003 of Axis Bank, Khalikote branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Khalikote 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 -

>>Khalikote

MICR code for Axis Bank Khalikote

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 Khalikote 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. 761211003 is the MICR code of Axis Bank for Khalikote branch. MICR code for Khalikote 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 Khalikote is presented in the table alongside.

Use of Axis Bank MICR code for Khalikote branch in khallikote

The MICR code 761211003 is used in RBI cheque clearing process to identify the branch Khalikote 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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