Axis Bank Nanakwada Valsad Gujarat MICR CODE

Find MICR Codes for Axis Bank Nanakwada Valsad Gujarat

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MICR Code	396211004
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nanakwada
Contact	8980011121
Bank Details	Axis Bank Nanakwada UTIB0002279

Location	Nanakwada, Valsad
City	Nanakwada
District	Valsad
State	Gujarat
Pincode	396001
Country	IN
Address	Ground floor, shop no. 1 & 2, jai ganesh apartment, opp. Thakurji villa, civil hospital road, at post: nanakwada, taluka & dist: valsad,gujarat, pin 96001

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 396211004 for Nanakwada 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 396211004 of Axis Bank, Nanakwada branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nanakwada 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 -

>>Nanakwada

MICR code for Axis Bank Nanakwada

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 Nanakwada 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. 396211004 is the MICR code of Axis Bank for Nanakwada branch. MICR code for Nanakwada 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 Nanakwada is presented in the table alongside.

Use of Axis Bank MICR code for Nanakwada branch in nanakwada

The MICR code 396211004 is used in RBI cheque clearing process to identify the branch Nanakwada 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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