Axis Bank Shrinagar Shrinagar Uttrakhand MICR CODE

Find MICR Codes for Axis Bank Shrinagar Shrinagar Uttrakhand

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MICR Code	246211902
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shrinagar
Contact	8445902374
Bank Details	Axis Bank Shrinagar UTIB0002813

Location	Shrinagar, Shrinagar
City	Shrinagar
District	Shrinagar
State	Uttrakhand
Pincode
Country	IN
Address	Gr flr khasra no 154 sanjay talkies bldg complex main badrinath road

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 246211902 for Shrinagar 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 246211902 of Axis Bank, Shrinagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Shrinagar 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 -

>>Shrinagar

MICR code for Axis Bank Shrinagar

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 Shrinagar 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. 246211902 is the MICR code of Axis Bank for Shrinagar branch. MICR code for Shrinagar 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 Shrinagar is presented in the table alongside.

Use of Axis Bank MICR code for Shrinagar branch in shrinagar

The MICR code 246211902 is used in RBI cheque clearing process to identify the branch Shrinagar 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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