Axis Bank Dapoli Ratnagiri Maharashtra MICR CODE

Find MICR Codes for Axis Bank Dapoli Ratnagiri Maharashtra

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MICR Code	415211176
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Dapoli Ratnagiri
Contact	1801035577
Bank Details	Axis Bank Dapoli Ratnagiri UTIB0003860

Location	Dapoli, Ratnagiri
City	Dapoli
District	Ratnagiri
State	Maharashtra
Pincode	415712
Country	IN
Address	Ground floor, santosh sadan, h. No.169 1, opp. Tahsil office, dapoli camp, taluka dapoli, district ratnagiri, pin code 415 712, maharasthtra

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 415211176 for Dapoli Ratnagiri 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 415211176 of Axis Bank, Dapoli Ratnagiri branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Dapoli Ratnagiri 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 -

>>Dapoli Ratnagiri

MICR code for Axis Bank Dapoli Ratnagiri

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 Dapoli Ratnagiri 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. 415211176 is the MICR code of Axis Bank for Dapoli Ratnagiri branch. MICR code for Dapoli Ratnagiri 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 Dapoli Ratnagiri is presented in the table alongside.

Use of Axis Bank MICR code for Dapoli Ratnagiri branch in dapoli

The MICR code 415211176 is used in RBI cheque clearing process to identify the branch Dapoli Ratnagiri 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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