Axis Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code	110211174
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sector One
Contact	9873980981
Bank Details	Axis Bank Sector One UTIB0002951

Location	Noida, Gautam Buddha Nagar
City	Noida
District	Gautam Buddha Nagar
State	Uttar Pradesh
Pincode	201301
Country	IN
Address	Upper ground floor and first floor 40 b 2b block sector 1 noida 201301

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 110211174 for Sector One 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 110211174 of Axis Bank, Sector One branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sector One branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Axis Bank are available with micr code -

>>Noida Sector 110 >>Sector 12 Noida >>Sector 44 Noida >>Sector 51 Noida >>Sector 62 (Noida) >>Sector One

MICR code for Axis Bank Sector One

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 Sector One 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. 110211174 is the MICR code of Axis Bank for Sector One branch. MICR code for Sector One 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 Sector One is presented in the table alongside.

Use of Axis Bank MICR code for Sector One branch in noida

The MICR code 110211174 is used in RBI cheque clearing process to identify the branch Sector One 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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