Axis Bank Washim Risod Maharashtra MICR CODE

Find MICR Codes for Axis Bank Washim Risod Maharashtra

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MICR Code	444211503
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Risod
Contact	7251-9518985678
Bank Details	Axis Bank Risod UTIB0004790

Location	Washim, Risod
City	Washim
District	Risod
State	Maharashtra
Pincode
Country	IN
Address	Survey no 460/1 and 21/a, plot no 12 dalal furniture, loni road risod, tal risod, dist washim

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 444211503 for Risod 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 444211503 of Axis Bank, Risod branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Risod 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 -

>>Risod

MICR code for Axis Bank Risod

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 Risod 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. 444211503 is the MICR code of Axis Bank for Risod branch. MICR code for Risod 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 Risod is presented in the table alongside.

Use of Axis Bank MICR code for Risod branch in washim

The MICR code 444211503 is used in RBI cheque clearing process to identify the branch Risod 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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