Axis Bank Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for Axis Bank Rajkot Rajkot Gujarat

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MICR Code	360211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Metoda
Contact	Shri Ketan Mankad Manager
Bank Details	Axis Bank Metoda UTIB0000809

Location	Rajkot, Rajkot
City	Rajkot
District	Rajkot
State	Gujarat
Pincode	360021
Country	IN
Address	Ground floor, plot no.c 403/4 gidc lodhika, metoda dist. Rajkot, gujarat, pin 360021

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 360211003 for Metoda 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 360211003 of Axis Bank, Metoda branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Metoda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Axis Bank are available with micr code -

>>Ambika Township Rajkot >>Amin Marg >>Bhaktinagar >>Bhupendra Road Branch >>Ghanteshwar >>Jambodiya >>Kothariya Road Rajkot >>Krishnanagar >>Mavdi Chowk >>Metoda >>Nanavati Chowk Rajkot >>Rajkot >>Ranchod Nagar >>Sadhu Vaswani Road >>Shastri Maidan Rajkot >>Synergy Circle Rajkot >>Yagnik Road

MICR code for Axis Bank Metoda

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 Metoda 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. 360211003 is the MICR code of Axis Bank for Metoda branch. MICR code for Metoda 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 Metoda is presented in the table alongside.

Use of Axis Bank MICR code for Metoda branch in rajkot

The MICR code 360211003 is used in RBI cheque clearing process to identify the branch Metoda 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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