Axis Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Axis Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Gurgaon Central Cooperative Bank Limited
Contact 8376801211
Bank Details Axis Bank The Gurgaon Central Cooperative Bank Limited UTIB0SGCB01
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122001
Country IN
Address B.o. Gurgaon, branch manager, the gurgaon central cooperative bank ltd, civil lines gurgaon
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 11024252 for The Gurgaon Central Cooperative Bank Limited 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 11024252 of Axis Bank, The Gurgaon Central Cooperative Bank Limited branch makes the system almost error free and faster. Use of Axis Bank MICR codes for The Gurgaon Central Cooperative Bank Limited branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank The Gurgaon Central Cooperative Bank Limited

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 The Gurgaon Central Cooperative Bank Limited 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. 11024252 is the MICR code of Axis Bank for The Gurgaon Central Cooperative Bank Limited branch. MICR code for The Gurgaon Central Cooperative Bank Limited 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 The Gurgaon Central Cooperative Bank Limited is presented in the table alongside.

Use of Axis Bank MICR code for The Gurgaon Central Cooperative Bank Limited branch in gurgaon

The MICR code 11024252 is used in RBI cheque clearing process to identify the branch The Gurgaon Central Cooperative Bank Limited 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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