Axis Bank Paonta Sahib Sirmaur Himachal Pradesh MICR CODE

Find MICR Codes for Axis Bank Paonta Sahib Sirmaur Himachal Pradesh

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MICR Code	173211102
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Paonta Sahib
Contact	224355
Bank Details	Axis Bank Paonta Sahib UTIB0002901

Location	Paonta Sahib, Sirmaur
City	Paonta Sahib
District	Sirmaur
State	Himachal Pradesh
Pincode	10607
Country	IN
Address	Ground floor khasra no 010607 situated at upsampada paonta sahib 2 tehsil paonta sahib 173025

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 173211102 for Paonta Sahib 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 173211102 of Axis Bank, Paonta Sahib branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Paonta Sahib 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 -

>>Paonta Sahib

MICR code for Axis Bank Paonta Sahib

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 Paonta Sahib 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. 173211102 is the MICR code of Axis Bank for Paonta Sahib branch. MICR code for Paonta Sahib 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 Paonta Sahib is presented in the table alongside.

Use of Axis Bank MICR code for Paonta Sahib branch in paonta sahib

The MICR code 173211102 is used in RBI cheque clearing process to identify the branch Paonta Sahib 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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