Axis Bank Mahidpur Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Mahidpur Ujjain Madhya Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhimakheda
Contact 9827501624
Bank Details Axis Bank Bhimakheda UTIB0002506
Location Mahidpur, Ujjain
City Mahidpur
District Ujjain
State Madhya Pradesh
Pincode 456443
Country IN
Address Ground floor, building no. 307, village: bhimakheda, tehsil: mahidpur, district: ujjain, madhya pradesh, pin 456443
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.

Search Axis Bank MICR Codes in ujjain

You can search through MICR Codes of Madhya Pradesh branches in mahidpur of District ujjain in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Axis Bank are available with micr code -

>>Bhimakheda

How to find MICR codes for Axis Bank in mahidpur?

Axis Bank mahidpur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Axis Bank MICR codes list for mahidpur, one can further search by branch name specified in the table. You can find MICR codes for all Axis Bank mahidpur branches.

Axis Bank MICR code in mahidpur

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for mahidpur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Axis Bank branches in mahidpur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Axis Bank MICR code for mahidpur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Axis Bank mahidpur branch, sprinted 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. Thus MICR code for Axis Bank mahidpur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for mahidpur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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