Axis Bank Hingna Nagpur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Hingna Nagpur Maharashtra

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hingna
Contact 07104 - 276 865 / 7 07104 - 276 966
Bank Details Axis Bank Hingna UTIB0001239
Location Hingna, Nagpur
City Hingna
District Nagpur
State Maharashtra
Pincode 441110
Country IN
Address Gr. Floor,ward no. 06, main road, hingna, nagpur 441 110
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 440211009 for Hingna 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 440211009 of Axis Bank, Hingna branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Hingna 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 -

>>Hingna

MICR code for Axis Bank Hingna

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 Hingna 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. 440211009 is the MICR code of Axis Bank for Hingna branch. MICR code for Hingna 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 Hingna is presented in the table alongside.

Use of Axis Bank MICR code for Hingna branch in hingna

The MICR code 440211009 is used in RBI cheque clearing process to identify the branch Hingna 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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