Axis Bank Manendragarh Koriya Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Manendragarh Koriya Chhattisgarh

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MICR Code	497211002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Manendragarh
Contact	(07771) 243735/ 7/ 8/ 9 / (07771) 243736
Bank Details	Axis Bank Manendragarh UTIB0001074

Location	Manendragarh, Koriya
City	Manendragarh
District	Koriya
State	Chhattisgarh
Pincode	497442
Country	IN
Address	Chawla complex, station road, manendragarh, dist. Koriya, chattisgarh, 497442

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 497211002 for Manendragarh 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 497211002 of Axis Bank, Manendragarh branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Manendragarh 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 -

>>Manendragarh

MICR code for Axis Bank Manendragarh

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 Manendragarh 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. 497211002 is the MICR code of Axis Bank for Manendragarh branch. MICR code for Manendragarh 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 Manendragarh is presented in the table alongside.

Use of Axis Bank MICR code for Manendragarh branch in manendragarh

The MICR code 497211002 is used in RBI cheque clearing process to identify the branch Manendragarh 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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