Axis Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Varanasi Varanasi Uttar Pradesh

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MICR Code	221211012
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nichi Bagh
Contact	542-9838201591
Bank Details	Axis Bank Nichi Bagh UTIB0004869

Location	Varanasi, Varanasi
City	Varanasi
District	Varanasi
State	Uttar Pradesh
Pincode	221001
Country	IN
Address	Gf and ff, building no ck 59 by 13, 13a, nichi bagh, ward chowk, varanasi 221001 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 221211012 for Nichi Bagh 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 221211012 of Axis Bank, Nichi Bagh branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nichi Bagh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Axis Bank are available with micr code -

>>Ashok Nagar Pandeypur Varanasi >>Chowk Varanasi >>Lahartara Varanasi >>Lanka (Varanasi) Uttar Pradesh >>Mahmoorganj Varanasi >>Maqbool Alam Road >>Nichi Bagh >>Ramkatora >>Rupapur Varanasi >>Shivpur >>Sunderpur Varanasi >>Varanasi Uttar Pradesh >>Visheshwarganj Varanasi

MICR code for Axis Bank Nichi Bagh

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 Nichi Bagh 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. 221211012 is the MICR code of Axis Bank for Nichi Bagh branch. MICR code for Nichi Bagh 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 Nichi Bagh is presented in the table alongside.

Use of Axis Bank MICR code for Nichi Bagh branch in varanasi

The MICR code 221211012 is used in RBI cheque clearing process to identify the branch Nichi Bagh 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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