Axis Bank Samarth Nagar Akkalkot Solapur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Samarth Nagar Akkalkot Solapur Maharashtra

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MICR Code	413211502
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Samarth Nagar Akklkot
Contact	1801035577
Bank Details	Axis Bank Samarth Nagar Akklkot UTIB0003815

Location	Samarth Nagar Akkalkot, Solapur
City	Samarth Nagar Akkalkot
District	Solapur
State	Maharashtra
Pincode	413216
Country	IN
Address	Ground floor, dhanraj complex shop no 3, 4, & 5, plot no 6, gat no 851 1a, samarthnagar taluka akalkot, pin 413216, district solapur, 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 413211502 for Samarth Nagar Akklkot 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 413211502 of Axis Bank, Samarth Nagar Akklkot branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Samarth Nagar Akklkot 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 -

>>Samarth Nagar Akklkot

MICR code for Axis Bank Samarth Nagar Akklkot

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 Samarth Nagar Akklkot 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. 413211502 is the MICR code of Axis Bank for Samarth Nagar Akklkot branch. MICR code for Samarth Nagar Akklkot 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 Samarth Nagar Akklkot is presented in the table alongside.

Use of Axis Bank MICR code for Samarth Nagar Akklkot branch in samarth nagar akkalkot

The MICR code 413211502 is used in RBI cheque clearing process to identify the branch Samarth Nagar Akklkot 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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