MICR Code Bank
Find MICR code for Axis Bank Pali Hill Bandra branches in India for NEFT and RTGS transfer

Axis Bank Pali Hill Bandra MICR CODE

Find MICR Codes for Axis Bank Pali Hill Bandra

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  1. Axis Bank »
  2. Maharashtra »
  3. greater bombay »
  4. mumbai »
  5. pali hill bandra (west)

Find MICR Codes for Axis Bank Pali Hill Bandra

MICR Code: 400211101
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Pali Hill Bandra (West)
Contact:
Bank Details: Axis Bank Pali Hill Bandra (West) UTIB0001585
Location: Mumbai, Greater Bombay
City: Mumbai
District: Greater Bombay
State: Maharashtra
Pincode: 400050
Country: IN
Address: Gautam apartment, unit no.2 & 3, 72, pali hill, nargis dutta road, bandra (west), mumbai, maharashtra, pin 400050

How does MICR code for pali hill bandra 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 of Axis Bank, pali hill bandra branch makes the system almost error free and faster. Use of Axis Bank MICR codes for pali hill bandra branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank pali hill bandra

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 pali hill bandra 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. is the MICR code of Axis Bank for pali hill bandra branch. MICR code for pali hill bandra 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 pali hill bandra is presented in the table alongside.

Use of Axis Bank MICR code for pali hill bandra branch in mumbai

The MICR code is used in RBI cheque clearing process to identify the branch pali hill bandra 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.