Axis Bank Hotgi Station Solapur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Hotgi Station Solapur Maharashtra

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MICR Code	413211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hotgi Road Solapur
Contact	(0217) 2607800/ 811 / (0217) 2607822
Bank Details	Axis Bank Hotgi Road Solapur UTIB0001043

Location	Hotgi Station, Solapur
City	Hotgi Station
District	Solapur
State	Maharashtra
Pincode	413003
Country	IN
Address	Saurabh apartment, opp. Savaskar nursing home, 276/1, hotgi road , solapur , maharashtra , pin 413003

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 413211003 for Hotgi Road Solapur 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 413211003 of Axis Bank, Hotgi Road Solapur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Hotgi Road Solapur 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 -

>>Hotgi Road Solapur

MICR code for Axis Bank Hotgi Road Solapur

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 Hotgi Road Solapur 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. 413211003 is the MICR code of Axis Bank for Hotgi Road Solapur branch. MICR code for Hotgi Road Solapur 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 Hotgi Road Solapur is presented in the table alongside.

Use of Axis Bank MICR code for Hotgi Road Solapur branch in hotgi station

The MICR code 413211003 is used in RBI cheque clearing process to identify the branch Hotgi Road Solapur 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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