Axis Bank Bhikhi Mansa Punjab MICR CODE

Find MICR Codes for Axis Bank Bhikhi Mansa Punjab

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MICR Code	151211888
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Samaon
Contact	9888615172
Bank Details	Axis Bank Samaon UTIB0002241

Location	Bhikhi, Mansa
City	Bhikhi
District	Mansa
State	Punjab
Pincode	151504
Country	IN
Address	Ground floor, mustil and killa no.125//16/1(1-15),village samaon, tehsil bhikhi, dist. Mansa, punjab, pin 151504

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 151211888 for Samaon 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 151211888 of Axis Bank, Samaon branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Samaon 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 -

>>Samaon

MICR code for Axis Bank Samaon

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 Samaon 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. 151211888 is the MICR code of Axis Bank for Samaon branch. MICR code for Samaon 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 Samaon is presented in the table alongside.

Use of Axis Bank MICR code for Samaon branch in bhikhi

The MICR code 151211888 is used in RBI cheque clearing process to identify the branch Samaon 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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