Axis Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noida Sector 110
Contact
Bank Details Axis Bank Noida Sector 110 UTIB0001744
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201301
Country IN
Address Ground floor, first floor and basement, shop no.12,block a3,sector-110, noida 201301, gautam budh nagar,uttarpradesh
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 110211118 for Noida Sector 110 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 110211118 of Axis Bank, Noida Sector 110 branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Noida Sector 110 branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Axis Bank are available with micr code -

>>Noida Sector 110 >>Sector 12 Noida >>Sector 44 Noida >>Sector 51 Noida >>Sector 62 (Noida) >>Sector One

MICR code for Axis Bank Noida Sector 110

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 Noida Sector 110 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. 110211118 is the MICR code of Axis Bank for Noida Sector 110 branch. MICR code for Noida Sector 110 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 Noida Sector 110 is presented in the table alongside.

Use of Axis Bank MICR code for Noida Sector 110 branch in noida

The MICR code 110211118 is used in RBI cheque clearing process to identify the branch Noida Sector 110 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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