Axis Bank Jatni Khurda Orissa MICR CODE

Find MICR Codes for Axis Bank Jatni Khurda Orissa

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MICR Code	751211501
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Orakal
Contact	7381091337
Bank Details	Axis Bank Orakal UTIB0002321

Location	Jatni, Khurda
City	Jatni
District	Khurda
State	Orissa
Pincode	751002
Country	IN
Address	First floor plot no: 130, khata no: 111/25, mauza: orakal,tehsil: jatni, district: khurda, orissa, pin: 751002

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 751211501 for Orakal 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 751211501 of Axis Bank, Orakal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Orakal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Jatni >>Orakal

MICR code for Axis Bank Orakal

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 Orakal 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. 751211501 is the MICR code of Axis Bank for Orakal branch. MICR code for Orakal 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 Orakal is presented in the table alongside.

Use of Axis Bank MICR code for Orakal branch in jatni

The MICR code 751211501 is used in RBI cheque clearing process to identify the branch Orakal 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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