Axis Bank Surajpur Surguja Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Surajpur Surguja Chhattisgarh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Surajpur
Contact 7770859992
Bank Details Axis Bank Surajpur UTIB0002092
Location Surajpur, Surguja
City Surajpur
District Surguja
State Chhattisgarh
Pincode 497229
Country IN
Address Ground and 1st floor, near ram mandir, manendreagarh raod surajpir, pin 497229
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 497211502 for Surajpur 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 497211502 of Axis Bank, Surajpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Surajpur 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 -

>>Surajpur

MICR code for Axis Bank Surajpur

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 Surajpur 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. 497211502 is the MICR code of Axis Bank for Surajpur branch. MICR code for Surajpur 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 Surajpur is presented in the table alongside.

Use of Axis Bank MICR code for Surajpur branch in surajpur

The MICR code 497211502 is used in RBI cheque clearing process to identify the branch Surajpur 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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