Axis Bank Vyara Surat Gujarat MICR CODE

Find MICR Codes for Axis Bank Vyara Surat Gujarat

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vyara
Contact (02626) 221638/ 39 / (02626) 221637
Bank Details Axis Bank Vyara UTIB0001033
Location Vyara, Surat
City Vyara
District Surat
State Gujarat
Pincode 394650
Country IN
Address Shop no. G 70, hyper city,station road, vyara,dist. Tapi, gujarat , pin 394650
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 364211071 for Vyara 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 364211071 of Axis Bank, Vyara branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Vyara 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 -

>>Vyara

MICR code for Axis Bank Vyara

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 Vyara 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. 364211071 is the MICR code of Axis Bank for Vyara branch. MICR code for Vyara 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 Vyara is presented in the table alongside.

Use of Axis Bank MICR code for Vyara branch in vyara

The MICR code 364211071 is used in RBI cheque clearing process to identify the branch Vyara 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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