Axis Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Axis Bank Pune Pune Maharashtra

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MICR Code	411211038
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chikhli Road Pimpri Chinchwad
Contact	1801035577
Bank Details	Axis Bank Chikhli Road Pimpri Chinchwad UTIB0002654

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411019
Country	IN
Address	Ground floor gmc vastu shop no 6 to 11 plot no1221 purna nagar pimpri chinchwad pune pin 411019

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.

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Chikhli Road Pimpri Chinchwad (411211038)

How does MICR code 411211038 for Chikhli Road Pimpri Chinchwad 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 411211038 of Axis Bank, Chikhli Road Pimpri Chinchwad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Chikhli Road Pimpri Chinchwad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 83 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank Chikhli Road Pimpri Chinchwad

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 Chikhli Road Pimpri Chinchwad 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. 411211038 is the MICR code of Axis Bank for Chikhli Road Pimpri Chinchwad branch. MICR code for Chikhli Road Pimpri Chinchwad 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 Chikhli Road Pimpri Chinchwad is presented in the table alongside.

Use of Axis Bank MICR code for Chikhli Road Pimpri Chinchwad branch in pune

The MICR code 411211038 is used in RBI cheque clearing process to identify the branch Chikhli Road Pimpri Chinchwad 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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