Axis Bank Boisar Thane Maharashtra MICR CODE

Find MICR Codes for Axis Bank Boisar Thane Maharashtra

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MICR Code	400211999
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Boisor
Contact	(02525) 267212/13 (02525) 267219
Bank Details	Axis Bank Boisor UTIB0001291

Location	Boisar, Thane
City	Boisar
District	Thane
State	Maharashtra
Pincode	401501
Country	IN
Address	Ground floor at shop no. 33 to 35 and 64 to 66, arihant market, central empire, boisar, taluka palghar, dist. Thane, maharashtra , pin 401501

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 400211999 for Boisor 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 400211999 of Axis Bank, Boisor branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Boisor 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 -

>>Boisor

MICR code for Axis Bank Boisor

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 Boisor 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. 400211999 is the MICR code of Axis Bank for Boisor branch. MICR code for Boisor 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 Boisor is presented in the table alongside.

Use of Axis Bank MICR code for Boisor branch in boisar

The MICR code 400211999 is used in RBI cheque clearing process to identify the branch Boisor 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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