Axis Bank Umred Nagpur Maharashtra MICR CODE

Find MICR Codes for Axis Bank Umred Nagpur Maharashtra

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Umred
Contact 9982233099
Bank Details Axis Bank Umred UTIB0002884
Location Umred, Nagpur
City Umred
District Nagpur
State Maharashtra
Pincode 441203
Country IN
Address Upper ground floor krishnakant mall plot no 137 kothari layout bypass road umred 441203
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 441211252 for Umred 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 441211252 of Axis Bank, Umred branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Umred branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Axis Bank are available with micr code -

>>Umred

MICR code for Axis Bank Umred

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 Umred 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. 441211252 is the MICR code of Axis Bank for Umred branch. MICR code for Umred 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 Umred is presented in the table alongside.

Use of Axis Bank MICR code for Umred branch in umred

The MICR code 441211252 is used in RBI cheque clearing process to identify the branch Umred 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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