Axis Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Axis Bank Ranchi Ranchi Jharkhand

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MICR Code	834211011
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Morabadi
Contact	9534316311
Bank Details	Axis Bank Morabadi UTIB0003684

Location	Ranchi, Ranchi
City	Ranchi
District	Ranchi
State	Jharkhand
Pincode
Country	IN
Address	Sai enclave morabadi road opposite tagore hill morabadi ranchi jharkhand

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 834211011 for Morabadi 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 834211011 of Axis Bank, Morabadi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Morabadi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 branches of Axis Bank are available with micr code -

>>Ashoknagar Ranchi >>Bariatu >>Daladili >>Dipatoli >>Hinoo >>Kanke Road Ranchi >>Kantatoli >>Kutchary Road Ranchi >>Lalpur Chowk Branch Ranchi >>Morabadi >>Piskamore >>Pundag Ranchi >>Ranchi >>Ranchi (Jharkhand) >>Ratu Road >>Saraswati Shishu Mandirchowk Ranchi >>Singhmore >>Sujata Chowk >>Upper Bazaar Ranchi

MICR code for Axis Bank Morabadi

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 Morabadi 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. 834211011 is the MICR code of Axis Bank for Morabadi branch. MICR code for Morabadi 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 Morabadi is presented in the table alongside.

Use of Axis Bank MICR code for Morabadi branch in ranchi

The MICR code 834211011 is used in RBI cheque clearing process to identify the branch Morabadi 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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