Axis Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Axis Bank Amritsar Amritsar Punjab

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ranjit Avenue
Contact
Bank Details	Axis Bank Ranjit Avenue UTIB0004507

Location	Amritsar, Amritsar
City	Amritsar
District	Amritsar
State	Punjab
Pincode	143001
Country	IN
Address	Ground floor sco 107 ajnala rad district shopping center ranjit avenue amritsar punjab 143001

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

A total of 20 branches of Axis Bank are available with micr code -

>>Airport Road >>Amritsar >>Batala Road >>Bhoma >>Chatiwind Gate Amritsar >>Chheharta Amritsar >>Chowk >>City Center Amritsar >>East Mohan Nagar Amritsar >>Fatehgarh Churian Road >>Iban Kalan >>Jania >>Lawrence Road Extension >>Majitha >>Majitha Road >>Putligarh >>Ranjit Avenue >>The Amritsar Central Cooperative Bank Ltd >>Vanike >>Verka Amritsar

MICR code for Axis Bank Ranjit Avenue

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 Ranjit Avenue 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 Ranjit Avenue branch. MICR code for Ranjit Avenue 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 Ranjit Avenue is presented in the table alongside.

Use of Axis Bank MICR code for Ranjit Avenue branch in amritsar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ranjit Avenue 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.

Copied!