Axis Bank Ashta Sehore Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Ashta Sehore Madhya Pradesh

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MICR Code	466211002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ashta Branch
Contact	9893108337
Bank Details	Axis Bank Ashta Branch UTIB0003837

Location	Ashta, Sehore
City	Ashta
District	Sehore
State	Madhya Pradesh
Pincode	466116
Country	IN
Address	Axis bank ltd,gr flr,buld no 33,khasra no 422 1,ward no 16,kannod road,ashta,dist sehore,m.p.466116

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 466211002 for Ashta Branch 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 466211002 of Axis Bank, Ashta Branch branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ashta Branch 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 -

>>Ashta Branch

MICR code for Axis Bank Ashta Branch

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 Ashta Branch 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. 466211002 is the MICR code of Axis Bank for Ashta Branch branch. MICR code for Ashta Branch 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 Ashta Branch is presented in the table alongside.

Use of Axis Bank MICR code for Ashta Branch branch in ashta

The MICR code 466211002 is used in RBI cheque clearing process to identify the branch Ashta Branch 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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