Axis Bank Jammu Jammu Jammu And Kashmir MICR CODE

Find MICR Codes for Axis Bank Jammu Jammu Jammu And Kashmir

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MICR Code	180211013
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Phalora Nagbani
Contact	236617
Bank Details	Axis Bank Phalora Nagbani UTIB0002491

Location	Jammu, Jammu
City	Jammu
District	Jammu
State	Jammu And Kashmir
Pincode	180002
Country	IN
Address	Ground floor kahsra no 598 gajansoo road phalora nagbani jammu 180002

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 180211013 for Phalora Nagbani 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 180211013 of Axis Bank, Phalora Nagbani branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Phalora Nagbani branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Axis Bank are available with micr code -

>>Chak Pouni Wand >>Channi Himmat >>Chwadi >>Dharmal >>G S Marg Jammu >>Gadigarh >>Gangyal >>Greater Kailash >>Jammu >>Jammu Panjtirthi Chowk >>Phalora Nagbani >>Sunjwan

MICR code for Axis Bank Phalora Nagbani

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 Phalora Nagbani 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. 180211013 is the MICR code of Axis Bank for Phalora Nagbani branch. MICR code for Phalora Nagbani 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 Phalora Nagbani is presented in the table alongside.

Use of Axis Bank MICR code for Phalora Nagbani branch in jammu

The MICR code 180211013 is used in RBI cheque clearing process to identify the branch Phalora Nagbani 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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