Axis Bank Dhankawadi Pune Maharashtra MICR CODE

Find MICR Codes for Axis Bank Dhankawadi Pune Maharashtra

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MICR Code	411211021
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Dhankawadi
Contact	Shri Abhijit Vanarase. Asst Vice President
Bank Details	Axis Bank Dhankawadi UTIB0001168

Location	Dhankawadi, Pune
City	Dhankawadi
District	Pune
State	Maharashtra
Pincode	411043
Country	IN
Address	Ground floor and basement,dhankawade patil house,survey no. 20/2, pune satara road,pune, maharashtra , pin 411043.

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 411211021 for Dhankawadi 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 411211021 of Axis Bank, Dhankawadi branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Dhankawadi 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 -

>>Dhankawadi

MICR code for Axis Bank Dhankawadi

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 Dhankawadi 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. 411211021 is the MICR code of Axis Bank for Dhankawadi branch. MICR code for Dhankawadi 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 Dhankawadi is presented in the table alongside.

Use of Axis Bank MICR code for Dhankawadi branch in dhankawadi

The MICR code 411211021 is used in RBI cheque clearing process to identify the branch Dhankawadi 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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