Axis Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Nagpur Nagpur 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	Telecom Nagar
Contact	712-8830711705
Bank Details	Axis Bank Telecom Nagar UTIB0005208

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode
Country	IN
Address	Ground floor,plot no 39,ramkrishnanagar,opposite tarekar jewellers,near khamla police station

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

A total of 30 branches of Axis Bank are available with micr code -

>>Byramji Town Nagpur >>Civil Lines Nagpur >>Dattatray Nagar >>Dhantoli >>Dr Babasaheb Ambedkar Urban Coop >>Friends Colony >>Gandhibagh >>Hingna Road >>Hudkeshwar >>Indora Square >>Jansewa Urban Coop Bank Ltd >>Jaripatka Nagpur >>Koradi >>Lakadganj Nagpur (East) >>Madhav Nagar (Nagpur) >>Mahal >>Manish Nagar >>Medical Square Nagpur >>Nagpur >>Nagpur (Service Branch) >>Nandanvan >>Ravi Nagar Nagpur >>Savner >>Shankar Nagar Nagpur >>Sknsbl Sitabardi Nagpur >>Surya Nagar >>Swavalambi Nagar >>Telecom Nagar >>Umiya Urban Co Op Bank Maryadit >>Wardha Road Nagpur

MICR code for Axis Bank Telecom Nagar

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 Telecom Nagar 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 Telecom Nagar branch. MICR code for Telecom Nagar 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 Telecom Nagar is presented in the table alongside.

Use of Axis Bank MICR code for Telecom Nagar branch in nagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Telecom Nagar 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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