Axis Bank Navi Mumbai Raigad Maharashtra MICR CODE

Find MICR Codes for Axis Bank Navi Mumbai Raigad Maharashtra

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MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sec Fifteen Kharghar
Contact
Bank Details	Axis Bank Sec Fifteen Kharghar UTIB0004721

Location	Navi Mumbai, Raigad
City	Navi Mumbai
District	Raigad
State	Maharashtra
Pincode	410210
Country	IN
Address	Ground floor, shop no 8 and 9,ã½millennium empire, plot no 47, sector 15, kharghar, navi mumbai, maharashtra 410210

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 0 for Sec Fifteen Kharghar 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 0 of Axis Bank, Sec Fifteen Kharghar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sec Fifteen Kharghar 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 -

>>Sec Fifteen Kharghar

MICR code for Axis Bank Sec Fifteen Kharghar

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 Sec Fifteen Kharghar 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. 0 is the MICR code of Axis Bank for Sec Fifteen Kharghar branch. MICR code for Sec Fifteen Kharghar 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 Sec Fifteen Kharghar is presented in the table alongside.

Use of Axis Bank MICR code for Sec Fifteen Kharghar branch in navi mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sec Fifteen Kharghar 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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