Axis Bank Mandla Mandla Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Mandla Mandla Madhya Pradesh

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MICR Code	481211101
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mandla
Contact	07642- 260002
Bank Details	Axis Bank Mandla UTIB0002049

Location	Mandla, Mandla
City	Mandla
District	Mandla
State	Madhya Pradesh
Pincode	481661
Country	IN
Address	Ground floor, khasra no124/5, near tata show room, jabalpur road, nh 12a, mandla,madhya pradesh-481661

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 481211101 for Mandla 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 481211101 of Axis Bank, Mandla branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Mandla branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Bichhiya >>Mandla

MICR code for Axis Bank Mandla

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 Mandla 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. 481211101 is the MICR code of Axis Bank for Mandla branch. MICR code for Mandla 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 Mandla is presented in the table alongside.

Use of Axis Bank MICR code for Mandla branch in mandla

The MICR code 481211101 is used in RBI cheque clearing process to identify the branch Mandla 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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