Axis Bank Shyamnagar Parganas North West Bengal MICR CODE

Find MICR Codes for Axis Bank Shyamnagar Parganas North West Bengal

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shyamnagar Feeder Road
Contact 9831244916
Bank Details Axis Bank Shyamnagar Feeder Road UTIB0004054
Location Shyamnagar, Parganas North
City Shyamnagar
District Parganas North
State West Bengal
Pincode 743127
Country IN
Address Gr first floor 46 feeder road sunil apartment 743127
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 0 for Shyamnagar Feeder Road 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 0 of Axis Bank, Shyamnagar Feeder Road branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Shyamnagar Feeder Road 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 -

>>Shyamnagar Feeder Road

MICR code for Axis Bank Shyamnagar Feeder Road

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 Shyamnagar Feeder Road 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. 0 is the MICR code of Axis Bank for Shyamnagar Feeder Road branch. MICR code for Shyamnagar Feeder Road 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 Shyamnagar Feeder Road is presented in the table alongside.

Use of Axis Bank MICR code for Shyamnagar Feeder Road branch in shyamnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shyamnagar Feeder Road 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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