Axis Bank Mahilpur Hoshiarpur Punjab MICR CODE

Find MICR Codes for Axis Bank Mahilpur Hoshiarpur Punjab

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MICR Code	146211011
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mahilpur
Contact	9888840865
Bank Details	Axis Bank Mahilpur UTIB0003325

Location	Mahilpur, Hoshiarpur
City	Mahilpur
District	Hoshiarpur
State	Punjab
Pincode
Country	IN
Address	Gr flr khata no 2968 3366 hoshiarpur rd adjoining bank of india mahilpur

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 146211011 for Mahilpur 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 146211011 of Axis Bank, Mahilpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Mahilpur 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 -

>>Mahilpur

MICR code for Axis Bank Mahilpur

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 Mahilpur 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. 146211011 is the MICR code of Axis Bank for Mahilpur branch. MICR code for Mahilpur 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 Mahilpur is presented in the table alongside.

Use of Axis Bank MICR code for Mahilpur branch in mahilpur

The MICR code 146211011 is used in RBI cheque clearing process to identify the branch Mahilpur 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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