Axis Bank Kharagpur East Medinipur West Bengal MICR CODE

Find MICR Codes for Axis Bank Kharagpur East Medinipur West Bengal

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kharagpur (West Bengal)
Contact 721304
Bank Details Axis Bank Kharagpur (West Bengal) UTIB0000190
Location Kharagpur, East Medinipur
City Kharagpur
District East Medinipur
State West Bengal
Pincode
Country IN
Address 180/1, malancha road, kharagpur paschim midnapore
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 0 for Kharagpur (West Bengal) 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 0 of Axis Bank, Kharagpur (West Bengal) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kharagpur (West Bengal) 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 -

>>Kharagpur (West Bengal)

MICR code for Axis Bank Kharagpur (West Bengal)

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 Kharagpur (West Bengal) 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. 0 is the MICR code of Axis Bank for Kharagpur (West Bengal) branch. MICR code for Kharagpur (West Bengal) 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 Kharagpur (West Bengal) is presented in the table alongside.

Use of Axis Bank MICR code for Kharagpur (West Bengal) branch in kharagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kharagpur (West Bengal) 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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