Axis Bank Amaravati Amaravati Maharashtra MICR CODE

Find MICR Codes for Axis Bank Amaravati Amaravati Maharashtra

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Dastur Nagar Amaravati
Contact
Bank Details	Axis Bank Dastur Nagar Amaravati UTIB0004073

Location	Amaravati, Amaravati
City	Amaravati
District	Amaravati
State	Maharashtra
Pincode	444606
Country	IN
Address	Ground floor deep nagar no 2 near farshi stop chhatri talao road dastur nagar 444606

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 0 for Dastur Nagar Amaravati 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 0 of Axis Bank, Dastur Nagar Amaravati branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Dastur Nagar Amaravati 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 -

>>Dastur Nagar Amaravati

MICR code for Axis Bank Dastur Nagar Amaravati

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 Dastur Nagar Amaravati 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. 0 is the MICR code of Axis Bank for Dastur Nagar Amaravati branch. MICR code for Dastur Nagar Amaravati 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 Dastur Nagar Amaravati is presented in the table alongside.

Use of Axis Bank MICR code for Dastur Nagar Amaravati branch in amaravati

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dastur Nagar Amaravati 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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