Axis Bank Olpad Surat Gujarat MICR CODE

Find MICR Codes for Axis Bank Olpad Surat Gujarat

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	395211022
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Asnabad
Contact	9377630608
Bank Details	Axis Bank Asnabad UTIB0002492

Location	Olpad, Surat
City	Olpad
District	Surat
State	Gujarat
Pincode	394540
Country	IN
Address	Ground floor, bajaj showroom, opp. Gidc, olpad surat road, village: asnabad, taluka: olpad, district: surat,gujarat, pin 394 540

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 395211022 for Asnabad 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 395211022 of Axis Bank, Asnabad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Asnabad 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 -

>>Asnabad

MICR code for Axis Bank Asnabad

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 Asnabad 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. 395211022 is the MICR code of Axis Bank for Asnabad branch. MICR code for Asnabad 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 Asnabad is presented in the table alongside.

Use of Axis Bank MICR code for Asnabad branch in olpad

The MICR code 395211022 is used in RBI cheque clearing process to identify the branch Asnabad 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.

Copied!