Axis Bank Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Allahabad Allahabad Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Transport Nagar
Contact 9919000465
Bank Details Axis Bank Transport Nagar UTIB0002799
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211011
Country IN
Address Gr flr plot no 527showroom transport nagar allahabad tehsil and distt allahabad 211011
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 211211005 for Transport Nagar 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 211211005 of Axis Bank, Transport Nagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Transport Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Transport Nagar

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 Transport Nagar 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. 211211005 is the MICR code of Axis Bank for Transport Nagar branch. MICR code for Transport Nagar 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 Transport Nagar is presented in the table alongside.

Use of Axis Bank MICR code for Transport Nagar branch in allahabad

The MICR code 211211005 is used in RBI cheque clearing process to identify the branch Transport Nagar 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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