Axis Bank Gadhchiroli Gadhchiroli Maharashtra MICR CODE

Find MICR Codes for Axis Bank Gadhchiroli Gadhchiroli Maharashtra

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gadhchiroli
Contact 9766910824
Bank Details Axis Bank Gadhchiroli UTIB0002832
Location Gadhchiroli, Gadhchiroli
City Gadhchiroli
District Gadhchiroli
State Maharashtra
Pincode 442605
Country IN
Address Ground floor saokar complex g1 2 3 and 4 dhanora road near hotel vaibhav gadhchiroli 442605
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 442211202 for Gadhchiroli 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 442211202 of Axis Bank, Gadhchiroli branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gadhchiroli 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 -

>>Gadhchiroli

MICR code for Axis Bank Gadhchiroli

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 Gadhchiroli 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. 442211202 is the MICR code of Axis Bank for Gadhchiroli branch. MICR code for Gadhchiroli 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 Gadhchiroli is presented in the table alongside.

Use of Axis Bank MICR code for Gadhchiroli branch in gadhchiroli

The MICR code 442211202 is used in RBI cheque clearing process to identify the branch Gadhchiroli 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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