Axis Bank Khurda Bhubaneshwar Orissa MICR CODE

Find MICR Codes for Axis Bank Khurda Bhubaneshwar Orissa

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saheed Nagar
Contact 8895290624
Bank Details Axis Bank Saheed Nagar UTIB0003483
Location Khurda, Bhubaneshwar
City Khurda
District Bhubaneshwar
State Orissa
Pincode 751007
Country IN
Address Bmc bhawani mall
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 751211099 for Saheed Nagar 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 751211099 of Axis Bank, Saheed Nagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Saheed Nagar 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 -

>>Saheed Nagar

MICR code for Axis Bank Saheed Nagar

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 Saheed Nagar 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. 751211099 is the MICR code of Axis Bank for Saheed Nagar branch. MICR code for Saheed Nagar 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 Saheed Nagar is presented in the table alongside.

Use of Axis Bank MICR code for Saheed Nagar branch in khurda

The MICR code 751211099 is used in RBI cheque clearing process to identify the branch Saheed Nagar 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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