Axis Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Axis Bank Mumbai Mumbai Maharashtra

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MICR Code	400211173
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Charkop Kandivali West
Contact	9167000185
Bank Details	Axis Bank Charkop Kandivali West UTIB0003388

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode
Country	IN
Address	Gr flr shop no 7a 7b shanti tower charkop shanti chs ltd rdp 4 sector 5 charkop kandivali w mumbai

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 400211173 for Charkop Kandivali West 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 400211173 of Axis Bank, Charkop Kandivali West branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Charkop Kandivali West branch, makes the characters readable even if there are other marks and stamps on it.

A total of 121 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank Charkop Kandivali West

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 Charkop Kandivali West 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. 400211173 is the MICR code of Axis Bank for Charkop Kandivali West branch. MICR code for Charkop Kandivali West 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 Charkop Kandivali West is presented in the table alongside.

Use of Axis Bank MICR code for Charkop Kandivali West branch in mumbai

The MICR code 400211173 is used in RBI cheque clearing process to identify the branch Charkop Kandivali West 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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