Axis Bank Rai Barely Rai Barely Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Rai Barely Rai Barely Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lalganj Rai Barely
Contact 5315245911
Bank Details Axis Bank Lalganj Rai Barely UTIB0003756
Location Rai Barely, Rai Barely
City Rai Barely
District Rai Barely
State Uttar Pradesh
Pincode 229206
Country IN
Address Property no 60.14 new market main road lalganj, u.p
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 229211003 for Lalganj Rai Barely 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 229211003 of Axis Bank, Lalganj Rai Barely branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Lalganj Rai Barely 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 -

>>Lalganj Rai Barely

MICR code for Axis Bank Lalganj Rai Barely

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 Lalganj Rai Barely 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. 229211003 is the MICR code of Axis Bank for Lalganj Rai Barely branch. MICR code for Lalganj Rai Barely 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 Lalganj Rai Barely is presented in the table alongside.

Use of Axis Bank MICR code for Lalganj Rai Barely branch in rai barely

The MICR code 229211003 is used in RBI cheque clearing process to identify the branch Lalganj Rai Barely 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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