Axis Bank Palwal Faridabad Haryana MICR CODE

Find MICR Codes for Axis Bank Palwal Faridabad Haryana

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MICR Code	110211043
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Palwal (Haryana)
Contact	121102
Bank Details	Axis Bank Palwal (Haryana) UTIB0000429

Location	Palwal, Faridabad
City	Palwal
District	Faridabad
State	Haryana
Pincode	121102
Country	IN
Address	Gupta nursing home, new colony road,

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 110211043 for Palwal (Haryana) 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 110211043 of Axis Bank, Palwal (Haryana) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Palwal (Haryana) 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 -

>>Palwal (Haryana)

MICR code for Axis Bank Palwal (Haryana)

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 Palwal (Haryana) 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. 110211043 is the MICR code of Axis Bank for Palwal (Haryana) branch. MICR code for Palwal (Haryana) 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 Palwal (Haryana) is presented in the table alongside.

Use of Axis Bank MICR code for Palwal (Haryana) branch in palwal

The MICR code 110211043 is used in RBI cheque clearing process to identify the branch Palwal (Haryana) 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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