Axis Bank Dhanbad Dhanbad Jharkhand MICR CODE

Find MICR Codes for Axis Bank Dhanbad Dhanbad Jharkhand

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State
District
City
Branch
Address

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	Memco More
Contact
Bank Details	Axis Bank Memco More UTIB0004298

Location	Dhanbad, Dhanbad
City	Dhanbad
District	Dhanbad
State	Jharkhand
Pincode	826004
Country	IN
Address	Ground floor, krishna g complex, memco more, hirak point, dhanbad, jharkhand 826004

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

A total of 8 branches of Axis Bank are available with micr code -

>>Bhuli Road >>Dhanbad(Jharkhand) >>Gobindpur >>Hirapur >>Memco More >>Mohan Bazar >>Saraidhela >>The Dhanbad Central Co Operative Bank Ltd

MICR code for Axis Bank Memco More

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 Memco More 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 Memco More branch. MICR code for Memco More 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 Memco More is presented in the table alongside.

Use of Axis Bank MICR code for Memco More branch in dhanbad

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