Axis Bank Shivrinarayan Janjgir Champa Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Shivrinarayan Janjgir Champa Chhattisgarh

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MICR Code	495211051
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shivrinarayan
Contact	7817-9301839888
Bank Details	Axis Bank Shivrinarayan UTIB0004896

Location	Shivrinarayan, Janjgir Champa
City	Shivrinarayan
District	Janjgir Champa
State	Chhattisgarh
Pincode
Country	IN
Address	Gr floor, kharod road, near sabri chowk, po ps seorinarayan, district janjgir champa, chattisgarh

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 495211051 for Shivrinarayan 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 495211051 of Axis Bank, Shivrinarayan branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Shivrinarayan 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 -

>>Shivrinarayan

MICR code for Axis Bank Shivrinarayan

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 Shivrinarayan 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. 495211051 is the MICR code of Axis Bank for Shivrinarayan branch. MICR code for Shivrinarayan 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 Shivrinarayan is presented in the table alongside.

Use of Axis Bank MICR code for Shivrinarayan branch in shivrinarayan

The MICR code 495211051 is used in RBI cheque clearing process to identify the branch Shivrinarayan 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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