Axis Bank Roha Raigad Maharashtra MICR CODE

Find MICR Codes for Axis Bank Roha Raigad Maharashtra

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MICR Code	400211160
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Roha Astami
Contact	9699970008
Bank Details	Axis Bank Roha Astami UTIB0003103

Location	Roha, Raigad
City	Roha
District	Raigad
State	Maharashtra
Pincode	402109
Country	IN
Address	Ground floor lg shopping complex roha raigad maharashtra pin 402109

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 400211160 for Roha Astami 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 400211160 of Axis Bank, Roha Astami branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Roha Astami 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 -

>>Roha Astami

MICR code for Axis Bank Roha Astami

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 Roha Astami 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. 400211160 is the MICR code of Axis Bank for Roha Astami branch. MICR code for Roha Astami 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 Roha Astami is presented in the table alongside.

Use of Axis Bank MICR code for Roha Astami branch in roha

The MICR code 400211160 is used in RBI cheque clearing process to identify the branch Roha Astami 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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