Axis Bank Garkheda Aurangabad Maharashtra MICR CODE

Find MICR Codes for Axis Bank Garkheda Aurangabad Maharashtra

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MICR Code	431211006
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Garkheda
Contact
Bank Details	Axis Bank Garkheda UTIB0001731

Location	Garkheda, Aurangabad
City	Garkheda
District	Aurangabad
State	Maharashtra
Pincode	431005
Country	IN
Address	Ground floor, plot no.64, cts no.15308/27, sarang co-op hsg soc., garkheda, aurangabad, maharashtra, pin 431005

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 431211006 for Garkheda 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 431211006 of Axis Bank, Garkheda branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Garkheda 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 -

>>Garkheda

MICR code for Axis Bank Garkheda

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 Garkheda 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. 431211006 is the MICR code of Axis Bank for Garkheda branch. MICR code for Garkheda 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 Garkheda is presented in the table alongside.

Use of Axis Bank MICR code for Garkheda branch in garkheda

The MICR code 431211006 is used in RBI cheque clearing process to identify the branch Garkheda 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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