MICR Code Bank
Find MICR code for Axis Bank Naraina Vihar branches in India for NEFT and RTGS transfer

Axis Bank Naraina Vihar MICR CODE

Find MICR Codes for Axis Bank Naraina Vihar

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  5. naraina vihar (new delhi)

Find MICR Codes for Axis Bank Naraina Vihar

MICR Code: -NA-
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Naraina Vihar (New Delhi)
Contact: (011) 4503 3561/ 62/ 63
Bank Details: Axis Bank Naraina Vihar (New Delhi) UTIB0000644
Location: New Delhi, New Delhi
City: New Delhi
District: New Delhi
State: New Delhi
Pincode: 110028
Country: IN
Address: E-9naraina viharnew delhi 110 028

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

MICR code for Axis Bank naraina vihar

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 naraina vihar 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. is the MICR code of Axis Bank for naraina vihar branch. MICR code for naraina vihar 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 naraina vihar is presented in the table alongside.

Use of Axis Bank MICR code for naraina vihar branch in new delhi

The MICR code is used in RBI cheque clearing process to identify the branch naraina vihar 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.