Axis Bank Mahmudabad Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Mahmudabad Sitapur Uttar Pradesh

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MICR Code	261211999
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mahmudabad
Contact	9792702242
Bank Details	Axis Bank Mahmudabad UTIB0002950

Location	Mahmudabad, Sitapur
City	Mahmudabad
District	Sitapur
State	Uttar Pradesh
Pincode	261203
Country	IN
Address	Gr fl no 32 nr kotwali nai bazaar shahjani pargana mahmudabad tehsil mahmudabad sitapur up 261203

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 261211999 for Mahmudabad 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 261211999 of Axis Bank, Mahmudabad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Mahmudabad 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 -

>>Mahmudabad

MICR code for Axis Bank Mahmudabad

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 Mahmudabad 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. 261211999 is the MICR code of Axis Bank for Mahmudabad branch. MICR code for Mahmudabad 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 Mahmudabad is presented in the table alongside.

Use of Axis Bank MICR code for Mahmudabad branch in mahmudabad

The MICR code 261211999 is used in RBI cheque clearing process to identify the branch Mahmudabad 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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