Axis Bank Ranipool East Sikkim Sikkim MICR CODE

Find MICR Codes for Axis Bank Ranipool East Sikkim Sikkim

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MICR Code	737211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ranipool
Contact	9830531431
Bank Details	Axis Bank Ranipool UTIB0002015

Location	Ranipool, East Sikkim
City	Ranipool
District	East Sikkim
State	Sikkim
Pincode	737135
Country	IN
Address	Ground floor,nh31 a,opp.telephone exchange,ranipool,dist.east sikkim, sikkim,pin 737135

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 737211003 for Ranipool 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 737211003 of Axis Bank, Ranipool branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ranipool 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 -

>>Ranipool

MICR code for Axis Bank Ranipool

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 Ranipool 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. 737211003 is the MICR code of Axis Bank for Ranipool branch. MICR code for Ranipool 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 Ranipool is presented in the table alongside.

Use of Axis Bank MICR code for Ranipool branch in ranipool

The MICR code 737211003 is used in RBI cheque clearing process to identify the branch Ranipool 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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