Axis Bank Pusad Yavatmal Maharashtra MICR CODE

Find MICR Codes for Axis Bank Pusad Yavatmal Maharashtra

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MICR Code	445211102
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pusad
Contact	245133
Bank Details	Axis Bank Pusad UTIB0002603

Location	Pusad, Yavatmal
City	Pusad
District	Yavatmal
State	Maharashtra
Pincode	445204
Country	IN
Address	Ground floor swami samarth motors plot no 93 part ward no 19 near shani mandir pusad

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 445211102 for Pusad 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 445211102 of Axis Bank, Pusad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Pusad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Pusad >>Yavatmal Dist Central Coop Bank Ltd >>Yavatmal Dist Central Coop Bank Ltd

MICR code for Axis Bank Pusad

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 Pusad 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. 445211102 is the MICR code of Axis Bank for Pusad branch. MICR code for Pusad 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 Pusad is presented in the table alongside.

Use of Axis Bank MICR code for Pusad branch in pusad

The MICR code 445211102 is used in RBI cheque clearing process to identify the branch Pusad 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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