Axis Bank Mohali Sas Nagar Mohali Punjab MICR CODE

Find MICR Codes for Axis Bank Mohali Sas Nagar Mohali Punjab

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Landran Road Kharar
Contact	172-8675300004
Bank Details	Axis Bank Landran Road Kharar UTIB0005737

Location	Mohali, Sas Nagar Mohali
City	Mohali
District	Sas Nagar Mohali
State	Punjab
Pincode	435444
Country	IN
Address	Ground floor,property 5 and 6,khewat khatauni no 435 444,khasra no 26 22 6 16,26 23 1 2-17 hadbast no186,sante majra

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 Landran Road Kharar 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, Landran Road Kharar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Landran Road Kharar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Aerocity Mohali >>Landran Road Kharar

MICR code for Axis Bank Landran Road Kharar

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 Landran Road Kharar 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 Landran Road Kharar branch. MICR code for Landran Road Kharar 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 Landran Road Kharar is presented in the table alongside.

Use of Axis Bank MICR code for Landran Road Kharar branch in mohali

The MICR code 0 is used in RBI cheque clearing process to identify the branch Landran Road Kharar 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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