Axis Bank Bhanvad Devbhoomi Dwarka Gujarat MICR CODE

Find MICR Codes for Axis Bank Bhanvad Devbhoomi Dwarka Gujarat

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MICR Code	360211161
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhanvad
Contact	232723
Bank Details	Axis Bank Bhanvad UTIB0003904

Location	Bhanvad, Devbhoomi Dwarka
City	Bhanvad
District	Devbhoomi Dwarka
State	Gujarat
Pincode	360510
Country	IN
Address	Ground floor dr varotria hospital outside verad naka

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 360211161 for Bhanvad 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 360211161 of Axis Bank, Bhanvad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bhanvad 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 -

>>Bhanvad

MICR code for Axis Bank Bhanvad

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 Bhanvad 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. 360211161 is the MICR code of Axis Bank for Bhanvad branch. MICR code for Bhanvad 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 Bhanvad is presented in the table alongside.

Use of Axis Bank MICR code for Bhanvad branch in bhanvad

The MICR code 360211161 is used in RBI cheque clearing process to identify the branch Bhanvad 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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