Axis Bank Panchkula Panchkula Haryana MICR CODE

Find MICR Codes for Axis Bank Panchkula Panchkula Haryana

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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	Panchkula Sector Forteen
Contact
Bank Details	Axis Bank Panchkula Sector Forteen UTIB0004270

Location	Panchkula, Panchkula
City	Panchkula
District	Panchkula
State	Haryana
Pincode	134113
Country	IN
Address	Ground floor sco 2 15 sector 14 urban estate panchkula haryana 134113

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 Panchkula Sector Forteen 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, Panchkula Sector Forteen branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Panchkula Sector Forteen 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 -

>>Garhi >>Kakrali >>Panchkula >>Panchkula Sector >>Panchkula Sector >>Panchkula Sector Forteen >>Panchkula Sector Four >>Panchkula Sector Seven >>Panchkula Sector Twenty Five >>Panchkulasector Six >>Sector 20 Panchkula Haryana >>Sector Twenty One Panchkula >>The Panipat Urban Co Op Bank Ltd

MICR code for Axis Bank Panchkula Sector Forteen

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 Panchkula Sector Forteen 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 Panchkula Sector Forteen branch. MICR code for Panchkula Sector Forteen 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 Panchkula Sector Forteen is presented in the table alongside.

Use of Axis Bank MICR code for Panchkula Sector Forteen branch in panchkula

The MICR code 0 is used in RBI cheque clearing process to identify the branch Panchkula Sector Forteen 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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