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Axis Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Axis Bank Delhi Delhi New Delhi

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarojini Nagar Branch
Contact 26881522
Bank Details Axis Bank Sarojini Nagar Branch UTIB0002912
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110023
Country IN
Address Shop no 74 sarojini nagar market delhi23
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 110211171 for Sarojini Nagar Branch 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 110211171 of Axis Bank, Sarojini Nagar Branch branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sarojini Nagar Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 102 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank Sarojini Nagar Branch

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 Sarojini Nagar Branch 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. 110211171 is the MICR code of Axis Bank for Sarojini Nagar Branch branch. MICR code for Sarojini Nagar Branch 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 Sarojini Nagar Branch is presented in the table alongside.

Use of Axis Bank MICR code for Sarojini Nagar Branch branch in delhi

The MICR code 110211171 is used in RBI cheque clearing process to identify the branch Sarojini Nagar Branch 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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