Axis Bank Hinganghat Wardha Maharashtra MICR CODE

Find MICR Codes for Axis Bank Hinganghat Wardha Maharashtra

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MICR Code	442211152
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hinganghat
Contact
Bank Details	Axis Bank Hinganghat UTIB0001654

Location	Hinganghat, Wardha
City	Hinganghat
District	Wardha
State	Maharashtra
Pincode	442301
Country	IN
Address	Nazul sheet no21, bloack no 06, plot no 98/1, house no 95-96, nehru ward, railway station road, hinganghat-442301

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 442211152 for Hinganghat 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 442211152 of Axis Bank, Hinganghat branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Hinganghat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Hinganghat >>Wardha Dist Ashirwad Mahila Nag Sah

MICR code for Axis Bank Hinganghat

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 Hinganghat 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. 442211152 is the MICR code of Axis Bank for Hinganghat branch. MICR code for Hinganghat 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 Hinganghat is presented in the table alongside.

Use of Axis Bank MICR code for Hinganghat branch in hinganghat

The MICR code 442211152 is used in RBI cheque clearing process to identify the branch Hinganghat 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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