Axis Bank Parli Vaijnath Solapur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Parli Vaijnath Solapur Maharashtra

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MICR Code	431211352
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Parli Vaijnath
Contact	1801035577
Bank Details	Axis Bank Parli Vaijnath UTIB0003813

Location	Parli Vaijnath, Solapur
City	Parli Vaijnath
District	Solapur
State	Maharashtra
Pincode	431515
Country	IN
Address	Ground floor, deshmukh complex, arunoday market, nath road, parli vaijnath district beed, pin code 431515, 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 431211352 for Parli Vaijnath 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 431211352 of Axis Bank, Parli Vaijnath branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Parli Vaijnath 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 -

>>Parli Vaijnath

MICR code for Axis Bank Parli Vaijnath

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 Parli Vaijnath 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. 431211352 is the MICR code of Axis Bank for Parli Vaijnath branch. MICR code for Parli Vaijnath 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 Parli Vaijnath is presented in the table alongside.

Use of Axis Bank MICR code for Parli Vaijnath branch in parli vaijnath

The MICR code 431211352 is used in RBI cheque clearing process to identify the branch Parli Vaijnath 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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