Axis Bank Aurangabad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Axis Bank Aurangabad Aurangabad Maharashtra

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tv Centre
Contact (0240) 2391041/42/45 9823479653
Bank Details Axis Bank Tv Centre UTIB0001773
Location Aurangabad, Aurangabad
City Aurangabad
District Aurangabad
State Maharashtra
Pincode 431003
Country IN
Address Ground floor, girija, plot no.13, sector - 9, j-1 rajmata jijau chowk, cidco, aurangabad, dist. Aurangabad,maharashtra, pin 431003
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 431211007 for Tv Centre 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 431211007 of Axis Bank, Tv Centre branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Tv Centre branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Axis Bank are available with micr code -

>>Aurangabad Maharashtra >>Beed Bypass >>Cidco Aurangabad >>Juna Mondha >>Nirala Bazar >>Saraswati Colony >>Tv Centre

MICR code for Axis Bank Tv Centre

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 Tv Centre 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. 431211007 is the MICR code of Axis Bank for Tv Centre branch. MICR code for Tv Centre 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 Tv Centre is presented in the table alongside.

Use of Axis Bank MICR code for Tv Centre branch in aurangabad

The MICR code 431211007 is used in RBI cheque clearing process to identify the branch Tv Centre 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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