Axis Bank Vapi Valsad Gujarat MICR CODE

Find MICR Codes for Axis Bank Vapi Valsad Gujarat

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vapi (Gujrat)
Contact 396195
Bank Details Axis Bank Vapi (Gujrat) UTIB0000111
Location Vapi, Valsad
City Vapi
District Valsad
State Gujarat
Pincode 396195
Country IN
Address Hotel fortune galaxy comm plot no c7/67/p n.h. No 8 near kopali rd gidc
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 396211003 for Vapi (Gujrat) 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 396211003 of Axis Bank, Vapi (Gujrat) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Vapi (Gujrat) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Vapi (Gujrat)

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 Vapi (Gujrat) 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. 396211003 is the MICR code of Axis Bank for Vapi (Gujrat) branch. MICR code for Vapi (Gujrat) 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 Vapi (Gujrat) is presented in the table alongside.

Use of Axis Bank MICR code for Vapi (Gujrat) branch in vapi

The MICR code 396211003 is used in RBI cheque clearing process to identify the branch Vapi (Gujrat) 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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