Axis Bank Thane Raigad Maharashtra MICR CODE

Find MICR Codes for Axis Bank Thane Raigad Maharashtra

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kharghar Sector Twelve
Contact 9867558662
Bank Details Axis Bank Kharghar Sector Twelve UTIB0003526
Location Thane, Raigad
City Thane
District Raigad
State Maharashtra
Pincode 410210
Country IN
Address Gr flr shop no 1 2 3 tulsi mangal coop society ltd sect 12 plot no 51 kharghar pin code 410210
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 400211177 for Kharghar Sector Twelve 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 400211177 of Axis Bank, Kharghar Sector Twelve branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kharghar Sector Twelve 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 -

>>Dombivli Midc >>Kharghar Sector Twelve

MICR code for Axis Bank Kharghar Sector Twelve

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 Kharghar Sector Twelve 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. 400211177 is the MICR code of Axis Bank for Kharghar Sector Twelve branch. MICR code for Kharghar Sector Twelve 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 Kharghar Sector Twelve is presented in the table alongside.

Use of Axis Bank MICR code for Kharghar Sector Twelve branch in thane

The MICR code 400211177 is used in RBI cheque clearing process to identify the branch Kharghar Sector Twelve 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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