Axis Bank Saraikela Saraikela Kharsawan Jharkhand MICR CODE

Find MICR Codes for Axis Bank Saraikela Saraikela Kharsawan Jharkhand

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saraikela
Contact 8210529406
Bank Details Axis Bank Saraikela UTIB0003644
Location Saraikela, Saraikela Kharsawan
City Saraikela
District Saraikela Kharsawan
State Jharkhand
Pincode 833219
Country IN
Address Sai complex tata kandra main road opposite civil court saraikela
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 833211102 for Saraikela 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 833211102 of Axis Bank, Saraikela branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Saraikela 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 -

>>Saraikela

MICR code for Axis Bank Saraikela

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 Saraikela 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. 833211102 is the MICR code of Axis Bank for Saraikela branch. MICR code for Saraikela 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 Saraikela is presented in the table alongside.

Use of Axis Bank MICR code for Saraikela branch in saraikela

The MICR code 833211102 is used in RBI cheque clearing process to identify the branch Saraikela 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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