Axis Bank Malda Malda West Bengal MICR CODE

Find MICR Codes for Axis Bank Malda Malda West Bengal

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MICR Code	732211102
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Malda West Bengal
Contact	732101
Bank Details	Axis Bank Malda West Bengal UTIB0000389

Location	Malda, Malda
City	Malda
District	Malda
State	West Bengal
Pincode	732101
Country	IN
Address	1 k.j sanyal road p.o & dist :malda

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 732211102 for Malda West Bengal 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 732211102 of Axis Bank, Malda West Bengal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Malda West Bengal 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 -

>>Malda West Bengal

MICR code for Axis Bank Malda West Bengal

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 Malda West Bengal 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. 732211102 is the MICR code of Axis Bank for Malda West Bengal branch. MICR code for Malda West Bengal 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 Malda West Bengal is presented in the table alongside.

Use of Axis Bank MICR code for Malda West Bengal branch in malda

The MICR code 732211102 is used in RBI cheque clearing process to identify the branch Malda West Bengal 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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