Axis Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Axis Bank Jaipur Jaipur Rajasthan

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Riddhi Siddhi Jaipur
Contact 141-8003088055
Bank Details Axis Bank Riddhi Siddhi Jaipur UTIB0005901
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302018
Country IN
Address Ground floor, plot no 415 and 415a, surya nagar, scheme no 10, gopal pura bypass, jaipur, rajasthan 302018
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 Riddhi Siddhi Jaipur 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, Riddhi Siddhi Jaipur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Riddhi Siddhi Jaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Riddhi Siddhi Jaipur

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 Riddhi Siddhi Jaipur 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 Riddhi Siddhi Jaipur branch. MICR code for Riddhi Siddhi Jaipur 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 Riddhi Siddhi Jaipur is presented in the table alongside.

Use of Axis Bank MICR code for Riddhi Siddhi Jaipur branch in jaipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Riddhi Siddhi Jaipur 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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