Axis Bank Modinagar Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Modinagar Ghaziabad Uttar Pradesh

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MICR Code	201211002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Modinagar
Contact	01232-220251-52
Bank Details	Axis Bank Modinagar UTIB0002206

Location	Modinagar, Ghaziabad
City	Modinagar
District	Ghaziabad
State	Uttar Pradesh
Pincode	201201
Country	IN
Address	Ground floor & first floor, khasra no.701, building no. 79, srinagar colony, g.t. Road, modinagar, district ghaziabad,pin -201201

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 201211002 for Modinagar 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 201211002 of Axis Bank, Modinagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Modinagar 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 -

>>Modinagar

MICR code for Axis Bank Modinagar

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 Modinagar 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. 201211002 is the MICR code of Axis Bank for Modinagar branch. MICR code for Modinagar 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 Modinagar is presented in the table alongside.

Use of Axis Bank MICR code for Modinagar branch in modinagar

The MICR code 201211002 is used in RBI cheque clearing process to identify the branch Modinagar 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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