Axis Bank Rampura Phul Bathinda Punjab MICR CODE

Find MICR Codes for Axis Bank Rampura Phul Bathinda Punjab

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rampura Phull
Contact Shri Varinder Garg
Bank Details Axis Bank Rampura Phull UTIB0001990
Location Rampura Phul, Bathinda
City Rampura Phul
District Bathinda
State Punjab
Pincode 151103
Country IN
Address B-30/9, bank bazaar, rampura phull,distt bhatinda,rampura phull,pin-151103
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 151211302 for Rampura Phull 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 151211302 of Axis Bank, Rampura Phull branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rampura Phull 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 -

>>Rampura Phull

MICR code for Axis Bank Rampura Phull

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 Rampura Phull 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. 151211302 is the MICR code of Axis Bank for Rampura Phull branch. MICR code for Rampura Phull 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 Rampura Phull is presented in the table alongside.

Use of Axis Bank MICR code for Rampura Phull branch in rampura phul

The MICR code 151211302 is used in RBI cheque clearing process to identify the branch Rampura Phull 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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