Axis Bank Palwal Prithla Haryana MICR CODE

Find MICR Codes for Axis Bank Palwal Prithla Haryana

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Prithla
Contact 1275-8053212305
Bank Details Axis Bank Prithla UTIB0005573
Location Palwal, Prithla
City Palwal
District Prithla
State Haryana
Pincode 121102
Country IN
Address Ground floor, khasra no 94, rect no 94 min, village prithla, tehsil and district palwal 121102
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 Prithla 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, Prithla branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Prithla 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 -

>>Prithla

MICR code for Axis Bank Prithla

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

Use of Axis Bank MICR code for Prithla branch in palwal

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