Axis Bank Khandagiri Khurda Orissa MICR CODE

Find MICR Codes for Axis Bank Khandagiri Khurda Orissa

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sampur
Contact 9437306564
Bank Details Axis Bank Sampur UTIB0002502
Location Khandagiri, Khurda
City Khandagiri
District Khurda
State Orissa
Pincode 751003
Country IN
Address Ground & first floor, plot no: 799/1340, sampur, bhubaneswar, po: ghatikia, dist.khurda, near sum hospital, ps: khandagiri, orissa, pin 751003
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 751211016 for Sampur 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 751211016 of Axis Bank, Sampur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sampur 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 -

>>Sampur

MICR code for Axis Bank Sampur

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 Sampur 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. 751211016 is the MICR code of Axis Bank for Sampur branch. MICR code for Sampur 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 Sampur is presented in the table alongside.

Use of Axis Bank MICR code for Sampur branch in khandagiri

The MICR code 751211016 is used in RBI cheque clearing process to identify the branch Sampur 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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