Axis Bank Bareilly Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Bareilly Bareilly Uttar Pradesh

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nawada Shekhan
Contact	0-6395843632
Bank Details	Axis Bank Nawada Shekhan UTIB0005502

Location	Bareilly, Bareilly
City	Bareilly
District	Bareilly
State	Uttar Pradesh
Pincode	243005
Country	IN
Address	Ground floor, part of khasra no 294, 295 and 298, mohalla nawada shekhan, pilibhit bypass road, bareilly 243005, uttar pradesh

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

A total of 7 branches of Axis Bank are available with micr code -

>>Bareilly (Uttar Pradesh) >>C B Ganj Bareilly >>Deen Dayal Puram Bareilly >>Karamchari Nagar >>Narkulaganj >>Nawada Shekhan >>Subhashnagar

MICR code for Axis Bank Nawada Shekhan

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 Nawada Shekhan 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 Nawada Shekhan branch. MICR code for Nawada Shekhan 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 Nawada Shekhan is presented in the table alongside.

Use of Axis Bank MICR code for Nawada Shekhan branch in bareilly

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