Axis Bank Dimapur Dimapur Nagaland MICR CODE

Find MICR Codes for Axis Bank Dimapur Dimapur Nagaland

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Purana Bazar
Contact (03862) 232880/ 81/ 84 / (03862) 227729
Bank Details Axis Bank Purana Bazar UTIB0001128
Location Dimapur, Dimapur
City Dimapur
District Dimapur
State Nagaland
Pincode 797112
Country IN
Address Interstate building,opposite pentecostal church ,purana bazar, dimapur,nagaland, pin 797112
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 797211003 for Purana Bazar 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 797211003 of Axis Bank, Purana Bazar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Purana Bazar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Axis Bank are available with micr code -

>>Chumukedima >>Dimapur Nagaland >>Kuda >>Lhomithi Bazar >>Purana Bazar >>The Nagaland State Co Op Bank Ltd

MICR code for Axis Bank Purana Bazar

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 Purana Bazar 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. 797211003 is the MICR code of Axis Bank for Purana Bazar branch. MICR code for Purana Bazar 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 Purana Bazar is presented in the table alongside.

Use of Axis Bank MICR code for Purana Bazar branch in dimapur

The MICR code 797211003 is used in RBI cheque clearing process to identify the branch Purana Bazar 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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