Axis Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Axis Bank Mumbai Greater Bombay Maharashtra

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jogeshwari West
Contact (022) 2678 1644/46/48
Bank Details Axis Bank Jogeshwari West UTIB0002171
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400102
Country IN
Address Ground floor, jamuna amrut chs ltd., near mtnl, s.v.road, jogeshwari west, mumbai, maharashtra, pin 400102
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 400211132 for Jogeshwari West 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 400211132 of Axis Bank, Jogeshwari West branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Jogeshwari West branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Jogeshwari West

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 Jogeshwari West 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. 400211132 is the MICR code of Axis Bank for Jogeshwari West branch. MICR code for Jogeshwari West 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 Jogeshwari West is presented in the table alongside.

Use of Axis Bank MICR code for Jogeshwari West branch in mumbai

The MICR code 400211132 is used in RBI cheque clearing process to identify the branch Jogeshwari West 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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