Axis Bank Ajmer Ajmer Rajasthan MICR CODE

Find MICR Codes for Axis Bank Ajmer Ajmer Rajasthan

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panchsheel Nagar Ajmer
Contact 9414064829
Bank Details Axis Bank Panchsheel Nagar Ajmer UTIB0002935
Location Ajmer, Ajmer
City Ajmer
District Ajmer
State Rajasthan
Pincode 305001
Country IN
Address Upper gr flr ganpati tower plot no5 panchsheel nagar ajmer rajasthan 305001
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 305211005 for Panchsheel Nagar Ajmer 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 305211005 of Axis Bank, Panchsheel Nagar Ajmer branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Panchsheel Nagar Ajmer branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Adarsh Nagar Ajmer >>Ajmer Rajasthan >>Panchsheel Nagar Ajmer

MICR code for Axis Bank Panchsheel Nagar Ajmer

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 Panchsheel Nagar Ajmer 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. 305211005 is the MICR code of Axis Bank for Panchsheel Nagar Ajmer branch. MICR code for Panchsheel Nagar Ajmer 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 Panchsheel Nagar Ajmer is presented in the table alongside.

Use of Axis Bank MICR code for Panchsheel Nagar Ajmer branch in ajmer

The MICR code 305211005 is used in RBI cheque clearing process to identify the branch Panchsheel Nagar Ajmer 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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