Axis Bank Rajgarh Rajgarh Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Rajgarh Rajgarh Madhya Pradesh

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MICR Code	465211151
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Rajgarh
Contact	9826024234
Bank Details	Axis Bank Rajgarh UTIB0001679

Location	Rajgarh, Rajgarh
City	Rajgarh
District	Rajgarh
State	Madhya Pradesh
Pincode	465661
Country	IN
Address	Ground floor, deepmala building, bhawar colony, khilchipur naka,rajgarh (mp) - 465661

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 465211151 for Rajgarh 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 465211151 of Axis Bank, Rajgarh branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rajgarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Pachore >>Rajgarh

MICR code for Axis Bank Rajgarh

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 Rajgarh 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. 465211151 is the MICR code of Axis Bank for Rajgarh branch. MICR code for Rajgarh 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 Rajgarh is presented in the table alongside.

Use of Axis Bank MICR code for Rajgarh branch in rajgarh

The MICR code 465211151 is used in RBI cheque clearing process to identify the branch Rajgarh 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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