Axis Bank Umreth Anand Gujarat MICR CODE

Find MICR Codes for Axis Bank Umreth Anand Gujarat

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Umreth
Contact 9909002615
Bank Details Axis Bank Umreth UTIB0002542
Location Umreth, Anand
City Umreth
District Anand
State Gujarat
Pincode 388220
Country IN
Address Gr floor,jay jalaram,near hp petrol pump,dakor nadiad road,umreth,anand,gujarat,pin 388220
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 388211075 for Umreth 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 388211075 of Axis Bank, Umreth branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Umreth 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 -

>>Umreth

MICR code for Axis Bank Umreth

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 Umreth 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. 388211075 is the MICR code of Axis Bank for Umreth branch. MICR code for Umreth 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 Umreth is presented in the table alongside.

Use of Axis Bank MICR code for Umreth branch in umreth

The MICR code 388211075 is used in RBI cheque clearing process to identify the branch Umreth 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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