Axis Bank Rupnagar Sas Nagar Punjab MICR CODE

Find MICR Codes for Axis Bank Rupnagar Sas Nagar Punjab

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MICR Code	140211884
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Saidpura
Contact	9781722731
Bank Details	Axis Bank Saidpura UTIB0002439

Location	Rupnagar, Sas Nagar
City	Rupnagar
District	Sas Nagar
State	Punjab
Pincode	140901
Country	IN
Address	Ground floor, khewat/khatauni no. 343/522, khasra no.48//2/1(2-6), 9 (4-0), 12/1(3-8), hadbast no. 10, village: saidpura, tehsil: derabassi, dist:sas nagar, punjab, pin 140901

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 140211884 for Saidpura 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 140211884 of Axis Bank, Saidpura branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Saidpura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Dafarpur >>Saidpura

MICR code for Axis Bank Saidpura

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 Saidpura 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. 140211884 is the MICR code of Axis Bank for Saidpura branch. MICR code for Saidpura 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 Saidpura is presented in the table alongside.

Use of Axis Bank MICR code for Saidpura branch in rupnagar

The MICR code 140211884 is used in RBI cheque clearing process to identify the branch Saidpura 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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