Axis Bank Sonipat Kharkhoda Haryana MICR CODE

Find MICR Codes for Axis Bank Sonipat Kharkhoda Haryana

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Muzzam Nagar
Contact 130-9034045450
Bank Details Axis Bank Muzzam Nagar UTIB0005526
Location Sonipat, Kharkhoda
City Sonipat
District Kharkhoda
State Haryana
Pincode 131408
Country IN
Address Ground floor, near indian oil petrol pump, muzzam nagar, h b no 38, tehsil kharkhoda, district sonipat, haryana 131408
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 Muzzam Nagar 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, Muzzam Nagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Muzzam Nagar 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 -

>>Muzzam Nagar

MICR code for Axis Bank Muzzam Nagar

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 Muzzam Nagar 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 Muzzam Nagar branch. MICR code for Muzzam Nagar 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 Muzzam Nagar is presented in the table alongside.

Use of Axis Bank MICR code for Muzzam Nagar branch in sonipat

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