Axis Bank Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Axis Bank Nashik Nashik Maharashtra

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MICR Code	422211004
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nashik Road Maharashtra
Contact	(0253) 246 7051/52/54
Bank Details	Axis Bank Nashik Road Maharashtra UTIB0000629

Location	Nashik, Nashik
City	Nashik
District	Nashik
State	Maharashtra
Pincode	422101
Country	IN
Address	Shop no. 2, anand commerce centre s. No. 306, plot no. 08, nashik road nashik 422 101, maharashtra

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 422211004 for Nashik Road Maharashtra 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 422211004 of Axis Bank, Nashik Road Maharashtra branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Nashik Road Maharashtra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Axis Bank are available with micr code -

>>Adgaon Naka >>Anandvalli >>Cidco Nashik >>College Road Nashik >>Devalali >>Indira Nagar >>Makhmalabad >>Mhasrul >>Nashik (Maharastra) >>Nashik Road Maharashtra >>Ozar >>R K Circle >>Satana >>Satpur Nashik >>Shri Ganesh Sahakari Bank Ltd

MICR code for Axis Bank Nashik Road Maharashtra

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 Nashik Road Maharashtra 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. 422211004 is the MICR code of Axis Bank for Nashik Road Maharashtra branch. MICR code for Nashik Road Maharashtra 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 Nashik Road Maharashtra is presented in the table alongside.

Use of Axis Bank MICR code for Nashik Road Maharashtra branch in nashik

The MICR code 422211004 is used in RBI cheque clearing process to identify the branch Nashik Road Maharashtra 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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