Axis Bank Bijnor Medhpur Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Bijnor Medhpur Uttar Pradesh

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Medhpur
Contact	1344-7080500116
Bank Details	Axis Bank Medhpur UTIB0005309

Location	Bijnor, Medhpur
City	Bijnor
District	Medhpur
State	Uttar Pradesh
Pincode
Country	IN
Address	Ground floor,khasra no 229,khata no 00086,village medhpur,afzalgarh tehsil dhampur

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 0 for Medhpur 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 0 of Axis Bank, Medhpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Medhpur 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 -

>>Medhpur

MICR code for Axis Bank Medhpur

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 Medhpur 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. 0 is the MICR code of Axis Bank for Medhpur branch. MICR code for Medhpur 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 Medhpur is presented in the table alongside.

Use of Axis Bank MICR code for Medhpur branch in bijnor

The MICR code 0 is used in RBI cheque clearing process to identify the branch Medhpur 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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