Axis Bank Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for Axis Bank Mumbai Thane Maharashtra

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MICR Code	400211048
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kalyan West
Contact	95251 2315819/20
Bank Details	Axis Bank Kalyan West UTIB0000574

Location	Mumbai, Thane
City	Mumbai
District	Thane
State	Maharashtra
Pincode	421301
Country	IN
Address	Shri brihad gujrati education society, r.s.g.k.r. Vidyalaya, bail bazar, kalyan west 421301

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 400211048 for Kalyan 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 400211048 of Axis Bank, Kalyan West branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kalyan West branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Axis Bank are available with micr code -

>>Anjur Phata Bhiwandi >>Bhayander East >>Brahmand Thane >>Hiranandani Estate >>Kalyan West >>Mira Road >>Ulhasnagar Maharashtra

MICR code for Axis Bank Kalyan 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 Kalyan 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. 400211048 is the MICR code of Axis Bank for Kalyan West branch. MICR code for Kalyan 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 Kalyan West is presented in the table alongside.

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

The MICR code 400211048 is used in RBI cheque clearing process to identify the branch Kalyan 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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