Axis Bank Moradabad Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Moradabad Moradabad Uttar Pradesh

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mandi Samiti Road Moradabad
Contact	591-8057766863
Bank Details	Axis Bank Mandi Samiti Road Moradabad UTIB0005204

Location	Moradabad, Moradabad
City	Moradabad
District	Moradabad
State	Uttar Pradesh
Pincode
Country	IN
Address	Ground floor, part of khasra no 253,opp to mandi samiti,mauja majhola,delhi road,moradabad

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 0 for Mandi Samiti Road Moradabad 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 0 of Axis Bank, Mandi Samiti Road Moradabad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Mandi Samiti Road Moradabad 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 -

>>Harthala Moradabad >>Mandi Samiti Road Moradabad >>Moradabad Delhi Road >>Moradabad Uttar Pradesh >>New Moradabad >>Prabhat Nagar Moradabad >>Tdi

MICR code for Axis Bank Mandi Samiti Road Moradabad

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 Mandi Samiti Road Moradabad 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. 0 is the MICR code of Axis Bank for Mandi Samiti Road Moradabad branch. MICR code for Mandi Samiti Road Moradabad 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 Mandi Samiti Road Moradabad is presented in the table alongside.

Use of Axis Bank MICR code for Mandi Samiti Road Moradabad branch in moradabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mandi Samiti Road Moradabad 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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