Axis Bank Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for Axis Bank Jalandhar Jalandhar Punjab

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State
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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	Pholriwala
Contact	181-8437020225
Bank Details	Axis Bank Pholriwala UTIB0005241

Location	Jalandhar, Jalandhar
City	Jalandhar
District	Jalandhar
State	Punjab
Pincode	144022
Country	IN
Address	Ground and 1 floor, village pholriwala, dist jalandhar,punjab 144022

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

A total of 23 branches of Axis Bank are available with micr code -

>>Athaula >>Babrik Chowk Jalandhar >>Basti Sheikh Jalandhar >>Bulandpur >>Chotti Baradari Jalandhar >>Dhogri >>Gujral Nagar Jalandhar Punjab >>Jalandhar >>Jalandhar Service >>Kangniwal >>Kapurthala Road >>Milap Chowk Jalandhar >>Mithapur Road Jalandhar >>Model Town Jalandhar >>Naurian Bazar >>New Jawahar Nagar Branch >>Pholriwala >>Rama Mandi >>Sangal Sohal >>Sodal Road Jalandhar >>The Jalandhar Central Cooperative Bank Ltd >>Urban Estate Phase >>Wadala Chowk

MICR code for Axis Bank Pholriwala

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 Pholriwala 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 Pholriwala branch. MICR code for Pholriwala 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 Pholriwala is presented in the table alongside.

Use of Axis Bank MICR code for Pholriwala branch in jalandhar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pholriwala 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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