Axis Bank Ramgarh Hazaribag Jharkhand MICR CODE

Find MICR Codes for Axis Bank Ramgarh Hazaribag Jharkhand

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Hazaribag Central Co Op Bank
Contact 222290
Bank Details Axis Bank The Hazaribag Central Co Op Bank UTIB0SHCCB1
Location Ramgarh, Hazaribag
City Ramgarh
District Hazaribag
State Jharkhand
Pincode 829122
Country IN
Address Main road gola ramgarh pin 829122
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 829816002 for The Hazaribag Central Co Op Bank 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 829816002 of Axis Bank, The Hazaribag Central Co Op Bank branch makes the system almost error free and faster. Use of Axis Bank MICR codes for The Hazaribag Central Co Op Bank 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 -

>>The Hazaribag Central Co Op Bank

MICR code for Axis Bank The Hazaribag Central Co Op Bank

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 The Hazaribag Central Co Op Bank 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. 829816002 is the MICR code of Axis Bank for The Hazaribag Central Co Op Bank branch. MICR code for The Hazaribag Central Co Op Bank 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 The Hazaribag Central Co Op Bank is presented in the table alongside.

Use of Axis Bank MICR code for The Hazaribag Central Co Op Bank branch in ramgarh

The MICR code 829816002 is used in RBI cheque clearing process to identify the branch The Hazaribag Central Co Op Bank 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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