Axis Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Nagpur Nagpur Maharashtra

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MICR Code	440211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lakadganj Nagpur (East)
Contact	440008
Bank Details	Axis Bank Lakadganj Nagpur (East) UTIB0000330

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440008
Country	IN
Address	Rajmahal' 267, central avenue road,nagpur (e)

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 440211003 for Lakadganj Nagpur (East) 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 440211003 of Axis Bank, Lakadganj Nagpur (East) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Lakadganj Nagpur (East) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 30 branches of Axis Bank are available with micr code -

>>Byramji Town Nagpur >>Civil Lines Nagpur >>Dattatray Nagar >>Dhantoli >>Dr Babasaheb Ambedkar Urban Coop >>Friends Colony >>Gandhibagh >>Hingna Road >>Hudkeshwar >>Indora Square >>Jansewa Urban Coop Bank Ltd >>Jaripatka Nagpur >>Koradi >>Lakadganj Nagpur (East) >>Madhav Nagar (Nagpur) >>Mahal >>Manish Nagar >>Medical Square Nagpur >>Nagpur >>Nagpur (Service Branch) >>Nandanvan >>Ravi Nagar Nagpur >>Savner >>Shankar Nagar Nagpur >>Sknsbl Sitabardi Nagpur >>Surya Nagar >>Swavalambi Nagar >>Telecom Nagar >>Umiya Urban Co Op Bank Maryadit >>Wardha Road Nagpur

MICR code for Axis Bank Lakadganj Nagpur (East)

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 Lakadganj Nagpur (East) 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. 440211003 is the MICR code of Axis Bank for Lakadganj Nagpur (East) branch. MICR code for Lakadganj Nagpur (East) 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 Lakadganj Nagpur (East) is presented in the table alongside.

Use of Axis Bank MICR code for Lakadganj Nagpur (East) branch in nagpur

The MICR code 440211003 is used in RBI cheque clearing process to identify the branch Lakadganj Nagpur (East) 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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