Axis Bank Barwala Panchkula Haryana MICR CODE

Find MICR Codes for Axis Bank Barwala Panchkula Haryana

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MICR Code	160346252
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	The Panchkula Central Cooperative Bank Ltd.
Contact	0172-2570869
Bank Details	Axis Bank The Panchkula Central Cooperative Bank Ltd. UTIB0SPKL01

Location	Barwala, Panchkula
City	Barwala
District	Panchkula
State	Haryana
Pincode	134109
Country	IN
Address	Bay no. 39-40, sector - 2, panchkula-134109 haryana

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.

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The Panchkula Central Cooperative Bank Ltd. (160346252)

How does MICR code 160346252 for The Panchkula Central Cooperative Bank Ltd. 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 160346252 of Axis Bank, The Panchkula Central Cooperative Bank Ltd. branch makes the system almost error free and faster. Use of Axis Bank MICR codes for The Panchkula Central Cooperative Bank Ltd. 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 -

>>Batour >>The Panchkula Central Cooperative Bank Ltd.

MICR code for Axis Bank The Panchkula Central Cooperative Bank Ltd.

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 Panchkula Central Cooperative Bank Ltd. 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. 160346252 is the MICR code of Axis Bank for The Panchkula Central Cooperative Bank Ltd. branch. MICR code for The Panchkula Central Cooperative Bank Ltd. 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 Panchkula Central Cooperative Bank Ltd. is presented in the table alongside.

Use of Axis Bank MICR code for The Panchkula Central Cooperative Bank Ltd. branch in barwala

The MICR code 160346252 is used in RBI cheque clearing process to identify the branch The Panchkula Central Cooperative Bank Ltd. 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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