Axis Bank Nagaur Nawa Rajasthan MICR CODE

Find MICR Codes for Axis Bank Nagaur Nawa Rajasthan

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nawa
Contact 1586-9461826176
Bank Details Axis Bank Nawa UTIB0005236
Location Nagaur, Nawa
City Nagaur
District Nawa
State Rajasthan
Pincode 341509
Country IN
Address Entire ground floor patta no 208 khasra no 1884 829 girls school chauraha nawa distt nagaur 341509
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 Nawa 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, Nawa branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nawa 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 -

>>Nawa

MICR code for Axis Bank Nawa

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 Nawa 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 Nawa branch. MICR code for Nawa 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 Nawa is presented in the table alongside.

Use of Axis Bank MICR code for Nawa branch in nagaur

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