Axis Bank Pandri Koriya Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Pandri Koriya Chhattisgarh

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MICR Code	262211002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pandri
Contact	(05948) 253 902/3/4
Bank Details	Axis Bank Pandri UTIB0000507

Location	Pandri, Koriya
City	Pandri
District	Koriya
State	Chhattisgarh
Pincode	262405
Country	IN
Address	Khasra no. 151/1 (khata no 230), sitarganj road, pandri 262 405, ,uttarakhand,262405

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 262211002 for Pandri 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 262211002 of Axis Bank, Pandri branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Pandri 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 -

>>Pandri

MICR code for Axis Bank Pandri

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 Pandri 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. 262211002 is the MICR code of Axis Bank for Pandri branch. MICR code for Pandri 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 Pandri is presented in the table alongside.

Use of Axis Bank MICR code for Pandri branch in pandri

The MICR code 262211002 is used in RBI cheque clearing process to identify the branch Pandri 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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