Axis Bank Nakodar Jalandhar Punjab MICR CODE

Find MICR Codes for Axis Bank Nakodar Jalandhar Punjab

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Talwandi Salem
Contact 8556012773
Bank Details Axis Bank Talwandi Salem UTIB0002463
Location Nakodar, Jalandhar
City Nakodar
District Jalandhar
State Punjab
Pincode 144028
Country IN
Address Ground floor, khasra no.135, vill:- talwandi salem, tehsil:- nakodar, district:- jalandhar, punjab, pin 144028
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 144211982 for Talwandi Salem 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 144211982 of Axis Bank, Talwandi Salem branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Talwandi Salem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Nakodar >>Talwandi Salem

MICR code for Axis Bank Talwandi Salem

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 Talwandi Salem 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. 144211982 is the MICR code of Axis Bank for Talwandi Salem branch. MICR code for Talwandi Salem 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 Talwandi Salem is presented in the table alongside.

Use of Axis Bank MICR code for Talwandi Salem branch in nakodar

The MICR code 144211982 is used in RBI cheque clearing process to identify the branch Talwandi Salem 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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