Axis Bank Meerut Meerut Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Meerut Meerut Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Surajkund Meerut
Contact 121-9627383805
Bank Details Axis Bank Surajkund Meerut UTIB0005353
Location Meerut, Meerut
City Meerut
District Meerut
State Uttar Pradesh
Pincode
Country IN
Address Gf,khasra no 4782 3 3,4782 3 2,park crossing,baba manohar nath mandir,surajkund 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 0 for Surajkund Meerut 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, Surajkund Meerut branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Surajkund Meerut branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Surajkund Meerut

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 Surajkund Meerut 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 Surajkund Meerut branch. MICR code for Surajkund Meerut 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 Surajkund Meerut is presented in the table alongside.

Use of Axis Bank MICR code for Surajkund Meerut branch in meerut

The MICR code 0 is used in RBI cheque clearing process to identify the branch Surajkund Meerut 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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