|
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 of Axis Bank, rau indore branch makes the system almost error free and faster. Use of Axis Bank MICR codes for rau indore branch, makes the characters readable even if there are other marks and stamps on it.
>>A B Road Indore >>Airport Road Indore >>Anand Bazar Indore >>Annapoorna >>Aurobindo Hospital >>Bada Ganpati Indore >>Bhawarkua >>Bicholi Hapsi Indore ( M P ) >>Bombay Hospital Square Indore >>Chappan Dukan >>Choithram Mandi >>Devguradiya >>Geeta Bhavan Square Indore >>Indore >>Indore (Service Branch) >>Itwariya Bazar Rajwada Indore >>Jail Road Indore >>Jamburdi Hapsi >>Kanadiya Road Indore >>Khandwa Road Indore >>Lasudiya Parmar >>Mahalaxmi Nagar >>Marimata Square >>Mth Compound Indore >>Nipania >>Niranjanpur Indore >>Palakhedi >>Palsikar Colony >>Pardeshipura >>Phooti Kothi Indore >>Pipliyahana Sq >>Rambaag >>Rau Indore ( M P) >>Saket Square >>Sanchar Nagar >>Sapna Sangita Road (Indore) >>Scheme No Seventy Eight >>Shalimar Township >>Sinhasa >>Sukhaliya Indore >>Ushaganj Indore >>Vijayanagar
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 rau indore 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. is the MICR code of Axis Bank for rau indore branch. MICR code for rau indore 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 rau indore is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch rau indore 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.