Axis Bank Pune Pimpri Chinchwad Maharashtra MICR CODE

Find MICR Codes for Axis Bank Pune Pimpri Chinchwad 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	Datta Mandir Road Wakad
Contact
Bank Details	Axis Bank Datta Mandir Road Wakad UTIB0004520

Location	Pune, Pimpri Chinchwad
City	Pune
District	Pimpri Chinchwad
State	Maharashtra
Pincode	411057
Country	IN
Address	Ground floor shop no1 2 3 4, apostrophe sr no174 3 datta mandir rd, near old khadi machine dange chowk wakad 411057

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 Datta Mandir Road Wakad 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, Datta Mandir Road Wakad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Datta Mandir Road Wakad 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 -

>>Datta Mandir Road Wakad

MICR code for Axis Bank Datta Mandir Road Wakad

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 Datta Mandir Road Wakad 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 Datta Mandir Road Wakad branch. MICR code for Datta Mandir Road Wakad 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 Datta Mandir Road Wakad is presented in the table alongside.

Use of Axis Bank MICR code for Datta Mandir Road Wakad branch in pune

The MICR code 0 is used in RBI cheque clearing process to identify the branch Datta Mandir Road Wakad 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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