Axis Bank Bilaspur Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for Axis Bank Bilaspur Bilaspur Chhattisgarh

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MICR Code	495211004
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vypar Vihar
Contact	07752 - 434491 - 95
Bank Details	Axis Bank Vypar Vihar UTIB0001410

Location	Bilaspur, Bilaspur
City	Bilaspur
District	Bilaspur
State	Chhattisgarh
Pincode	495001
Country	IN
Address	Axis bank ltd, vyapar vihar branch, guru kripa tower, vypar vihar road, civil lines, bilaspur - 495001. Chattisgarh

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 495211004 for Vypar Vihar 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 495211004 of Axis Bank, Vypar Vihar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Vypar Vihar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Axis Bank are available with micr code -

>>Bilaspur Chhatisgarh >>Bilaspur Nagrik Sahakari Bank >>Jagmal Chowk >>Jila Sahakari Kendriya Bank Maryadit Bilaspur (C.G.) >>Mangla Chowk >>Rajendra Nagar Bilaspur >>Seepat Road Bilaspur >>Tifra >>Vypar Vihar

MICR code for Axis Bank Vypar Vihar

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 Vypar Vihar 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. 495211004 is the MICR code of Axis Bank for Vypar Vihar branch. MICR code for Vypar Vihar 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 Vypar Vihar is presented in the table alongside.

Use of Axis Bank MICR code for Vypar Vihar branch in bilaspur

The MICR code 495211004 is used in RBI cheque clearing process to identify the branch Vypar Vihar 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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