Axis Bank Bhawanigarh Bhawanigarh Punjab MICR CODE

Find MICR Codes for Axis Bank Bhawanigarh Bhawanigarh Punjab

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MICR Code	148211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nagra
Contact	9463512409
Bank Details	Axis Bank Nagra UTIB0001640

Location	Bhawanigarh, Bhawanigarh
City	Bhawanigarh
District	Bhawanigarh
State	Punjab
Pincode	148026
Country	IN
Address	Ground floor, khasra no.2927 , school road, village – nagra, tehsil- sunam & district - sangrur,punjab- 148026

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 148211003 for Nagra 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 148211003 of Axis Bank, Nagra branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nagra 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 -

>>Nagra

MICR code for Axis Bank Nagra

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 Nagra 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. 148211003 is the MICR code of Axis Bank for Nagra branch. MICR code for Nagra 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 Nagra is presented in the table alongside.

Use of Axis Bank MICR code for Nagra branch in bhawanigarh

The MICR code 148211003 is used in RBI cheque clearing process to identify the branch Nagra 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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