Axis Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Axis Bank New Delhi New Delhi New Delhi

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ring Road Shalimar Bagh
Contact 1149787657
Bank Details Axis Bank Ring Road Shalimar Bagh UTIB0003496
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110088
Country IN
Address Ag 06, gr flr, wazirpur, ring rd, shalimar bagh, new delhi 110088
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 110211222 for Ring Road Shalimar Bagh 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 110211222 of Axis Bank, Ring Road Shalimar Bagh branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ring Road Shalimar Bagh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Ring Road Shalimar Bagh

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 Ring Road Shalimar Bagh 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. 110211222 is the MICR code of Axis Bank for Ring Road Shalimar Bagh branch. MICR code for Ring Road Shalimar Bagh 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 Ring Road Shalimar Bagh is presented in the table alongside.

Use of Axis Bank MICR code for Ring Road Shalimar Bagh branch in new delhi

The MICR code 110211222 is used in RBI cheque clearing process to identify the branch Ring Road Shalimar Bagh 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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