Axis Bank Chopda Jalgaon Maharashtra MICR CODE

Find MICR Codes for Axis Bank Chopda Jalgaon Maharashtra

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MICR Code	425211501
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chopda
Contact	221300
Bank Details	Axis Bank Chopda UTIB0002599

Location	Chopda, Jalgaon
City	Chopda
District	Jalgaon
State	Maharashtra
Pincode	425107
Country	IN
Address	Ground floor cts no 2700 mahatma gandhi road main road chopda dist jalgaon

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 425211501 for Chopda 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 425211501 of Axis Bank, Chopda branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Chopda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Chopda >>The Chopda Peoples Co Op Bank Ltd

MICR code for Axis Bank Chopda

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 Chopda 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. 425211501 is the MICR code of Axis Bank for Chopda branch. MICR code for Chopda 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 Chopda is presented in the table alongside.

Use of Axis Bank MICR code for Chopda branch in chopda

The MICR code 425211501 is used in RBI cheque clearing process to identify the branch Chopda 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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