Axis Bank Paddhari Rajkot Gujarat MICR CODE

Find MICR Codes for Axis Bank Paddhari Rajkot Gujarat

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MICR Code	360211501
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Paddhari
Contact	(02820) 233093/ 4 (02820) 233095
Bank Details	Axis Bank Paddhari UTIB0001314

Location	Paddhari, Rajkot
City	Paddhari
District	Rajkot
State	Gujarat
Pincode	360110
Country	IN
Address	Plot no. 34-35, jay jalaram complex,paddhari, dist. Rajkot , gujarat , pin 360110.

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 360211501 for Paddhari 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 360211501 of Axis Bank, Paddhari branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Paddhari 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 -

>>Paddhari

MICR code for Axis Bank Paddhari

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 Paddhari 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. 360211501 is the MICR code of Axis Bank for Paddhari branch. MICR code for Paddhari 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 Paddhari is presented in the table alongside.

Use of Axis Bank MICR code for Paddhari branch in paddhari

The MICR code 360211501 is used in RBI cheque clearing process to identify the branch Paddhari 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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