Axis Bank Barsi Solapur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Barsi Solapur 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	Shivshakti Urban Co Op Bank Ltd
Contact	02184 - 226583
Bank Details	Axis Bank Shivshakti Urban Co Op Bank Ltd UTIB0SUCB01

Location	Barsi, Solapur
City	Barsi
District	Solapur
State	Maharashtra
Pincode	413401
Country	IN
Address	C.s. No. 739, nr. Karmveer nagar, post office, barshi 413 401

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 Shivshakti Urban Co Op Bank Ltd 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, Shivshakti Urban Co Op Bank Ltd branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Shivshakti Urban Co Op Bank Ltd 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 -

>>Shivshakti Urban Co Op Bank Ltd

MICR code for Axis Bank Shivshakti Urban Co Op Bank Ltd

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 Shivshakti Urban Co Op Bank Ltd 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 Shivshakti Urban Co Op Bank Ltd branch. MICR code for Shivshakti Urban Co Op Bank Ltd 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 Shivshakti Urban Co Op Bank Ltd is presented in the table alongside.

Use of Axis Bank MICR code for Shivshakti Urban Co Op Bank Ltd branch in barsi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shivshakti Urban Co Op Bank Ltd 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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