Axis Bank Jharsuguda Jharsuguda Orissa MICR CODE

Find MICR Codes for Axis Bank Jharsuguda Jharsuguda Orissa

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MICR Code	768211203
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sarbahal
Contact	7064436501
Bank Details	Axis Bank Sarbahal UTIB0003650

Location	Jharsuguda, Jharsuguda
City	Jharsuguda
District	Jharsuguda
State	Orissa
Pincode	768001
Country	IN
Address	Lower ground floor chawla heights opp big shop sarbahal road jsg 768001

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 768211203 for Sarbahal 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 768211203 of Axis Bank, Sarbahal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sarbahal 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 -

>>Jharsuguda (Orissa) >>Sarbahal

MICR code for Axis Bank Sarbahal

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 Sarbahal 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. 768211203 is the MICR code of Axis Bank for Sarbahal branch. MICR code for Sarbahal 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 Sarbahal is presented in the table alongside.

Use of Axis Bank MICR code for Sarbahal branch in jharsuguda

The MICR code 768211203 is used in RBI cheque clearing process to identify the branch Sarbahal 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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