Axis Bank Salepur Cuttack Orissa MICR CODE

Find MICR Codes for Axis Bank Salepur Cuttack Orissa

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MICR Code	754211302
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lunahar
Contact	(0671) 2351414 / (0671) 2351414
Bank Details	Axis Bank Lunahar UTIB0001941

Location	Salepur, Cuttack
City	Salepur
District	Cuttack
State	Orissa
Pincode	754202
Country	IN
Address	Plot no 2429, at:lunahar, po:salepur, lunahar, dist.cuttack, orissa, pin 754202

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 754211302 for Lunahar 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 754211302 of Axis Bank, Lunahar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Lunahar 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 -

>>Lunahar

MICR code for Axis Bank Lunahar

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 Lunahar 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. 754211302 is the MICR code of Axis Bank for Lunahar branch. MICR code for Lunahar 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 Lunahar is presented in the table alongside.

Use of Axis Bank MICR code for Lunahar branch in salepur

The MICR code 754211302 is used in RBI cheque clearing process to identify the branch Lunahar 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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