Axis Bank Srinagar Srinagar Jammu And Kashmir MICR CODE

Find MICR Codes for Axis Bank Srinagar Srinagar Jammu And Kashmir

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Srinagar Baghat
Contact 194-9858007080
Bank Details Axis Bank Srinagar Baghat UTIB0004849
Location Srinagar, Srinagar
City Srinagar
District Srinagar
State Jammu And Kashmir
Pincode
Country IN
Address Ground floor, chinar heights, khasra no survey no 177, khewat no 52, khata no 4178 and khasra survey no 179, khewat no 134, khata no 784, new airport road, baghat barzulla, srinagar
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 190211005 for Srinagar Baghat 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 190211005 of Axis Bank, Srinagar Baghat branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Srinagar Baghat branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Srinagar Baghat

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 Srinagar Baghat 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. 190211005 is the MICR code of Axis Bank for Srinagar Baghat branch. MICR code for Srinagar Baghat 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 Srinagar Baghat is presented in the table alongside.

Use of Axis Bank MICR code for Srinagar Baghat branch in srinagar

The MICR code 190211005 is used in RBI cheque clearing process to identify the branch Srinagar Baghat 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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