Axis Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Axis Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mayfield Garden Gurgaon
Contact 11-9717014804
Bank Details Axis Bank Mayfield Garden Gurgaon UTIB0004835
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122003
Country IN
Address Ground floor, shop no gf51a and shop no gf 51b, m2k corporate park shopping plaza, sector 51, mayfield garden, gurgaon gurugram 122003, haryana
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 110211356 for Mayfield Garden Gurgaon 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 110211356 of Axis Bank, Mayfield Garden Gurgaon branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Mayfield Garden Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Mayfield Garden Gurgaon

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 Mayfield Garden Gurgaon 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. 110211356 is the MICR code of Axis Bank for Mayfield Garden Gurgaon branch. MICR code for Mayfield Garden Gurgaon 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 Mayfield Garden Gurgaon is presented in the table alongside.

Use of Axis Bank MICR code for Mayfield Garden Gurgaon branch in gurgaon

The MICR code 110211356 is used in RBI cheque clearing process to identify the branch Mayfield Garden Gurgaon 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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