Axis Bank Savli Vadodara Gujarat MICR CODE

Find MICR Codes for Axis Bank Savli Vadodara Gujarat

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udalpur Vadodara
Contact
Bank Details Axis Bank Udalpur Vadodara UTIB0001670
Location Savli, Vadodara
City Savli
District Vadodara
State Gujarat
Pincode 391770
Country IN
Address Ground floor, revenue survey no: 5, paiki, udalpur crossing, near timba road, village: udalpur, taluka: savli, dist: vadodara – 391770
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 390211012 for Udalpur Vadodara 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 390211012 of Axis Bank, Udalpur Vadodara branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Udalpur Vadodara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Savli >>Udalpur Vadodara

MICR code for Axis Bank Udalpur Vadodara

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 Udalpur Vadodara 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. 390211012 is the MICR code of Axis Bank for Udalpur Vadodara branch. MICR code for Udalpur Vadodara 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 Udalpur Vadodara is presented in the table alongside.

Use of Axis Bank MICR code for Udalpur Vadodara branch in savli

The MICR code 390211012 is used in RBI cheque clearing process to identify the branch Udalpur Vadodara 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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