Axis Bank Mahisagar Balasinor Gujarat MICR CODE

Find MICR Codes for Axis Bank Mahisagar Balasinor Gujarat

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MICR Code	388211121
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Balasinor
Contact	91-9879005990
Bank Details	Axis Bank Balasinor UTIB0004758

Location	Mahisagar, Balasinor
City	Mahisagar
District	Balasinor
State	Gujarat
Pincode
Country	IN
Address	Gr floor and first floor,c s no 3259/17, paiki 1, virpur rd, nr shakti cinema,balasinor

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 388211121 for Balasinor 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 388211121 of Axis Bank, Balasinor branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Balasinor 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 -

>>Balasinor

MICR code for Axis Bank Balasinor

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 Balasinor 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. 388211121 is the MICR code of Axis Bank for Balasinor branch. MICR code for Balasinor 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 Balasinor is presented in the table alongside.

Use of Axis Bank MICR code for Balasinor branch in mahisagar

The MICR code 388211121 is used in RBI cheque clearing process to identify the branch Balasinor 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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