Axis Bank Noida Noida Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Noida Noida Uttar Pradesh

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector One Zero Seven Noida
Contact 9811120027
Bank Details Axis Bank Sector One Zero Seven Noida UTIB0003614
Location Noida, Noida
City Noida
District Noida
State Uttar Pradesh
Pincode 201301
Country IN
Address Shop no 11,12 and 12a, sunworld vanalika, sector 107, noida
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 110211229 for Sector One Zero Seven Noida 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 110211229 of Axis Bank, Sector One Zero Seven Noida branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sector One Zero Seven Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Axis Bank are available with micr code -

>>Noida Sector One One Nine >>Sector One Three Two Noida >>Sector One Zero Seven Noida >>Sector Sixty Three Noida

MICR code for Axis Bank Sector One Zero Seven Noida

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 Zero Seven Noida 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. 110211229 is the MICR code of Axis Bank for Sector One Zero Seven Noida branch. MICR code for Sector One Zero Seven Noida 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 Zero Seven Noida is presented in the table alongside.

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

The MICR code 110211229 is used in RBI cheque clearing process to identify the branch Sector One Zero Seven Noida 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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