Axis Bank Nagar Bharatpur Rajasthan MICR CODE

Find MICR Codes for Axis Bank Nagar Bharatpur Rajasthan

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagar
Contact (05641) 243002/03/05 (05641) 243004
Bank Details Axis Bank Nagar UTIB0001249
Location Nagar, Bharatpur
City Nagar
District Bharatpur
State Rajasthan
Pincode 321205
Country IN
Address Ganduri mohalla, new byepass road,nagar, dist. Bharatpur, rajasthan, pin 321205.
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 321211204 for 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 321211204 of Axis Bank, Nagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for 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 -

>>Nagar

MICR code for Axis Bank 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 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. 321211204 is the MICR code of Axis Bank for Nagar branch. MICR code for 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 Nagar is presented in the table alongside.

Use of Axis Bank MICR code for Nagar branch in nagar

The MICR code 321211204 is used in RBI cheque clearing process to identify the branch 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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