Axis Bank Jodhpur Jodhpur Rajasthan MICR CODE

Find MICR Codes for Axis Bank Jodhpur Jodhpur Rajasthan

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Station Road Olympic Towers Jodhpur
Contact 7665018323
Bank Details Axis Bank Station Road Olympic Towers Jodhpur UTIB0002503
Location Jodhpur, Jodhpur
City Jodhpur
District Jodhpur
State Rajasthan
Pincode 342001
Country IN
Address Ground floor, basement & mezzanine, olympic towers, shop no. 3, 4 & 5 stattion road, jodhpur - 342001, rajasthan
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 342211004 for Station Road Olympic Towers Jodhpur 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 342211004 of Axis Bank, Station Road Olympic Towers Jodhpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Station Road Olympic Towers Jodhpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Station Road Olympic Towers Jodhpur

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 Station Road Olympic Towers Jodhpur 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. 342211004 is the MICR code of Axis Bank for Station Road Olympic Towers Jodhpur branch. MICR code for Station Road Olympic Towers Jodhpur 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 Station Road Olympic Towers Jodhpur is presented in the table alongside.

Use of Axis Bank MICR code for Station Road Olympic Towers Jodhpur branch in jodhpur

The MICR code 342211004 is used in RBI cheque clearing process to identify the branch Station Road Olympic Towers Jodhpur 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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