Axis Bank Rath Hamirpur Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Rath Hamirpur Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rath
Contact 9839600004
Bank Details Axis Bank Rath UTIB0002798
Location Rath, Hamirpur
City Rath
District Hamirpur
State Uttar Pradesh
Pincode 210431
Country IN
Address Gr flr mohalla sikandarapura near ramlila gr bus stand road rath 210431
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 210211402 for Rath 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 210211402 of Axis Bank, Rath branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Rath 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 -

>>Rath

MICR code for Axis Bank Rath

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 Rath 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. 210211402 is the MICR code of Axis Bank for Rath branch. MICR code for Rath 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 Rath is presented in the table alongside.

Use of Axis Bank MICR code for Rath branch in rath

The MICR code 210211402 is used in RBI cheque clearing process to identify the branch Rath 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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