Axis Bank Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Jabalpur Jabalpur Madhya Pradesh

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MICR Code	482211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madan Mahal
Contact	0761-2428803 , 0761-2428807
Bank Details	Axis Bank Madan Mahal UTIB0002048

Location	Jabalpur, Jabalpur
City	Jabalpur
District	Jabalpur
State	Madhya Pradesh
Pincode	482001
Country	IN
Address	Upper ground floor, gsb construction pvt ltd, bhasin acropolish, near gulati petrol pump. Madan mahal, jabalpur 482001

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 482211003 for Madan Mahal 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 482211003 of Axis Bank, Madan Mahal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Madan Mahal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Axis Bank are available with micr code -

>>Bilhari Jabalpur >>Damohnaka Jabalpur >>Jabalpur >>Jabalpur (M P ) >>Katanga Branch >>Madan Mahal >>Vijaynagar Jabalpur

MICR code for Axis Bank Madan Mahal

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 Madan Mahal 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. 482211003 is the MICR code of Axis Bank for Madan Mahal branch. MICR code for Madan Mahal 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 Madan Mahal is presented in the table alongside.

Use of Axis Bank MICR code for Madan Mahal branch in jabalpur

The MICR code 482211003 is used in RBI cheque clearing process to identify the branch Madan Mahal 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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