Axis Bank Sangola Solapur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Sangola Solapur Maharashtra

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sangole Solapur
Contact 1801035577
Bank Details Axis Bank Sangole Solapur UTIB0003816
Location Sangola, Solapur
City Sangola
District Solapur
State Maharashtra
Pincode 413307
Country IN
Address Ground floor, c.s. No. 2976 5, shree complex, station road, sangole, district solapur 413307, 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 413211351 for Sangole Solapur 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 413211351 of Axis Bank, Sangole Solapur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sangole Solapur 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 -

>>Sangole Solapur

MICR code for Axis Bank Sangole Solapur

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 Sangole Solapur 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. 413211351 is the MICR code of Axis Bank for Sangole Solapur branch. MICR code for Sangole Solapur 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 Sangole Solapur is presented in the table alongside.

Use of Axis Bank MICR code for Sangole Solapur branch in sangola

The MICR code 413211351 is used in RBI cheque clearing process to identify the branch Sangole Solapur 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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