Axis Bank Valia Bharuch Gujarat MICR CODE

Find MICR Codes for Axis Bank Valia Bharuch Gujarat

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Valia
Contact 8980812358
Bank Details Axis Bank Valia UTIB0002541
Location Valia, Bharuch
City Valia
District Bharuch
State Gujarat
Pincode 393135
Country IN
Address Gr floor, sriji auto sales and service, valia netrang road, valia, dist.bharuch, gujarat, pin 393135
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 393211054 for Valia 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 393211054 of Axis Bank, Valia branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Valia 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 -

>>Valia

MICR code for Axis Bank Valia

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 Valia 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. 393211054 is the MICR code of Axis Bank for Valia branch. MICR code for Valia 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 Valia is presented in the table alongside.

Use of Axis Bank MICR code for Valia branch in valia

The MICR code 393211054 is used in RBI cheque clearing process to identify the branch Valia 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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