Axis Bank Masat Dadra And Nagar Haveli Dadra And Nagar Haveli MICR CODE

Find MICR Codes for Axis Bank Masat Dadra And Nagar Haveli Dadra And Nagar Haveli

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MICR Code	396211112
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Masat
Contact	9898087574
Bank Details	Axis Bank Masat UTIB0002432

Location	Masat, Dadra And Nagar Haveli
City	Masat
District	Dadra And Nagar Haveli
State	Dadra And Nagar Haveli
Pincode	396230
Country	IN
Address	Ground floor, shop no. 2 & 3, akash apartment, village masat, dist. Dadra & nagar haveli, dadra & nagar haveli (ut), pin 396230

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 396211112 for Masat 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 396211112 of Axis Bank, Masat branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Masat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Axis Bank are available with micr code -

>>Masat

MICR code for Axis Bank Masat

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 Masat 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. 396211112 is the MICR code of Axis Bank for Masat branch. MICR code for Masat 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 Masat is presented in the table alongside.

Use of Axis Bank MICR code for Masat branch in masat

The MICR code 396211112 is used in RBI cheque clearing process to identify the branch Masat 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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