Axis Bank Bathinda Bathinda Punjab MICR CODE

Find MICR Codes for Axis Bank Bathinda Bathinda Punjab

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maheshwari Chowk Bathinda
Contact 8054702422
Bank Details Axis Bank Maheshwari Chowk Bathinda UTIB0003383
Location Bathinda, Bathinda
City Bathinda
District Bathinda
State Punjab
Pincode 151001
Country IN
Address 100 feet road maheshwari chowk
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 151211011 for Maheshwari Chowk Bathinda 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 151211011 of Axis Bank, Maheshwari Chowk Bathinda branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Maheshwari Chowk Bathinda branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Maheshwari Chowk Bathinda

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 Maheshwari Chowk Bathinda 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. 151211011 is the MICR code of Axis Bank for Maheshwari Chowk Bathinda branch. MICR code for Maheshwari Chowk Bathinda 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 Maheshwari Chowk Bathinda is presented in the table alongside.

Use of Axis Bank MICR code for Maheshwari Chowk Bathinda branch in bathinda

The MICR code 151211011 is used in RBI cheque clearing process to identify the branch Maheshwari Chowk Bathinda 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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