Axis Bank Narsingarh Rajgarh Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Narsingarh Rajgarh Madhya Pradesh

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MICR Code	465211502
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pilukhedi
Contact	7372 - 7898911733
Bank Details	Axis Bank Pilukhedi UTIB0002518

Location	Narsingarh, Rajgarh
City	Narsingarh
District	Rajgarh
State	Madhya Pradesh
Pincode	465667
Country	IN
Address	Ground floor, nh-12, infront of industrial area post pilukhedi, near indian oil petrol pump tehsil- narsinghgarh, district- rajgarh, pin -465667

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 465211502 for Pilukhedi 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 465211502 of Axis Bank, Pilukhedi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Pilukhedi 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 -

>>Pilukhedi

MICR code for Axis Bank Pilukhedi

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 Pilukhedi 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. 465211502 is the MICR code of Axis Bank for Pilukhedi branch. MICR code for Pilukhedi 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 Pilukhedi is presented in the table alongside.

Use of Axis Bank MICR code for Pilukhedi branch in narsingarh

The MICR code 465211502 is used in RBI cheque clearing process to identify the branch Pilukhedi 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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