Axis Bank Balod Sambalpur Cg Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Balod Sambalpur Cg Chhattisgarh

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MICR Code	491211351
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sambalpur Cg
Contact	7749-9777144397
Bank Details	Axis Bank Sambalpur Cg UTIB0004807

Location	Balod, Sambalpur Cg
City	Balod
District	Sambalpur Cg
State	Chhattisgarh
Pincode	491771
Country	IN
Address	Mangal bhawan, old panchayat building, vill - sambalpur, tahsil - dondilohara, dist - balod, cg, pin - 491771

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 491211351 for Sambalpur Cg 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 491211351 of Axis Bank, Sambalpur Cg branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sambalpur Cg 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 -

>>Sambalpur Cg

MICR code for Axis Bank Sambalpur Cg

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 Sambalpur Cg 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. 491211351 is the MICR code of Axis Bank for Sambalpur Cg branch. MICR code for Sambalpur Cg 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 Sambalpur Cg is presented in the table alongside.

Use of Axis Bank MICR code for Sambalpur Cg branch in balod

The MICR code 491211351 is used in RBI cheque clearing process to identify the branch Sambalpur Cg 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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