Axis Bank Palod Surat Gujarat MICR CODE

Find MICR Codes for Axis Bank Palod Surat Gujarat

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MICR Code	395211018
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Palod
Contact	8980008827
Bank Details	Axis Bank Palod UTIB0002232

Location	Palod, Surat
City	Palod
District	Surat
State	Gujarat
Pincode	394111
Country	IN
Address	Groundfloor, d2, d3, d4, sanjarsquareshopping centre, kimcharrasta, village-palod, taluka-mangrol, dist.-surat, pin-394111

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 395211018 for Palod 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 395211018 of Axis Bank, Palod branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Palod 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 -

>>Palod

MICR code for Axis Bank Palod

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 Palod 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. 395211018 is the MICR code of Axis Bank for Palod branch. MICR code for Palod 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 Palod is presented in the table alongside.

Use of Axis Bank MICR code for Palod branch in palod

The MICR code 395211018 is used in RBI cheque clearing process to identify the branch Palod 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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