Axis Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Nagpur Nagpur Maharashtra

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MICR Code	440211004
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madhav Nagar (Nagpur)
Contact
Bank Details	Axis Bank Madhav Nagar (Nagpur) UTIB0000639

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440022
Country	IN
Address	Vighnaharta mate square, buty layout, south ambazari road, nagpur 440022

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 440211004 for Madhav Nagar (Nagpur) 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 440211004 of Axis Bank, Madhav Nagar (Nagpur) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Madhav Nagar (Nagpur) 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 Madhav Nagar (Nagpur)

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 Madhav Nagar (Nagpur) 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. 440211004 is the MICR code of Axis Bank for Madhav Nagar (Nagpur) branch. MICR code for Madhav Nagar (Nagpur) 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 Madhav Nagar (Nagpur) is presented in the table alongside.

Use of Axis Bank MICR code for Madhav Nagar (Nagpur) branch in nagpur

The MICR code 440211004 is used in RBI cheque clearing process to identify the branch Madhav Nagar (Nagpur) 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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