Axis Bank Shimla Shimla Himachal Pradesh MICR CODE

Find MICR Codes for Axis Bank Shimla Shimla Himachal Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shimla The Mall
Contact 9988454015
Bank Details Axis Bank Shimla The Mall UTIB0003651
Location Shimla, Shimla
City Shimla
District Shimla
State Himachal Pradesh
Pincode 171001
Country IN
Address Ground floor khasra no. Old 476new khasra no. 76 bell villa the mall up mohal ridge patwar circle station ward bara shimla tehsil shimla urban distt. Shimla h.p 171001
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 171211003 for Shimla The Mall 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 171211003 of Axis Bank, Shimla The Mall branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Shimla The Mall 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 -

>>New Shimla >>Sanjauli Shimla >>Shimla The Mall

MICR code for Axis Bank Shimla The Mall

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 Shimla The Mall 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. 171211003 is the MICR code of Axis Bank for Shimla The Mall branch. MICR code for Shimla The Mall 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 Shimla The Mall is presented in the table alongside.

Use of Axis Bank MICR code for Shimla The Mall branch in shimla

The MICR code 171211003 is used in RBI cheque clearing process to identify the branch Shimla The Mall 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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