Axis Bank Ulhasnagar Thane Maharashtra MICR CODE

Find MICR Codes for Axis Bank Ulhasnagar Thane Maharashtra

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MICR Code	400211074
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ulhasnagar (East)
Contact	(0251) 2520131/ 111/ 118 / (0251) 2520281
Bank Details	Axis Bank Ulhasnagar (East) UTIB0001053

Location	Ulhasnagar, Thane
City	Ulhasnagar
District	Thane
State	Maharashtra
Pincode	421005
Country	IN
Address	Ground floor, brk. No.1838, section 38, near sai baba mandir, ulhasnagar (east), dist. Thane, maharashtra , pin 421005

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 400211074 for Ulhasnagar (East) 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 400211074 of Axis Bank, Ulhasnagar (East) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ulhasnagar (East) 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 -

>>Mharal >>Ulhasnagar (East)

MICR code for Axis Bank Ulhasnagar (East)

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 Ulhasnagar (East) 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. 400211074 is the MICR code of Axis Bank for Ulhasnagar (East) branch. MICR code for Ulhasnagar (East) 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 Ulhasnagar (East) is presented in the table alongside.

Use of Axis Bank MICR code for Ulhasnagar (East) branch in ulhasnagar

The MICR code 400211074 is used in RBI cheque clearing process to identify the branch Ulhasnagar (East) 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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