Axis Bank Firozpur Ferozpur Punjab MICR CODE

Find MICR Codes for Axis Bank Firozpur Ferozpur Punjab

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MICR Code	152211004
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sherkhan Wala
Contact	8146643000
Bank Details	Axis Bank Sherkhan Wala UTIB0002098

Location	Firozpur, Ferozpur
City	Firozpur
District	Ferozpur
State	Punjab
Pincode	152005
Country	IN
Address	Ground floor, khewat no.61, khasra no.31/10/2/2,11/1, khatauni no.143, vill & post. Sherkhan wala, tehsil & dist. Ferozepur, punjab, pin 152005

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 152211004 for Sherkhan Wala 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 152211004 of Axis Bank, Sherkhan Wala branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sherkhan Wala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Hukumat Singh W >>Nawan Purba >>Sherkhan Wala

MICR code for Axis Bank Sherkhan Wala

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 Sherkhan Wala 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. 152211004 is the MICR code of Axis Bank for Sherkhan Wala branch. MICR code for Sherkhan Wala 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 Sherkhan Wala is presented in the table alongside.

Use of Axis Bank MICR code for Sherkhan Wala branch in firozpur

The MICR code 152211004 is used in RBI cheque clearing process to identify the branch Sherkhan Wala 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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