Axis Bank Yavatmal Yavatmal Maharashtra MICR CODE

Find MICR Codes for Axis Bank Yavatmal Yavatmal Maharashtra

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MICR Code	445211002
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Yavatmal
Contact	(07232) 256 450/52/53/54
Bank Details	Axis Bank Yavatmal UTIB0000488

Location	Yavatmal, Yavatmal
City	Yavatmal
District	Yavatmal
State	Maharashtra
Pincode	445001
Country	IN
Address	Nagar parishad commercial complex ground floor, azad maidan road,,maharashtra,445001

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 445211002 for Yavatmal 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 445211002 of Axis Bank, Yavatmal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Yavatmal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Axis Bank are available with micr code -

>>Yavatmal >>Yavatmal Dist Central Coop Bank Ltd >>Yavatmal Dist Central Coop Bank Ltd >>Yavatmal Dist Central Coop Bank Ltd >>Yavatmal Dist Central Coop Bank Ltd >>Yavatmal Dist Central Coop Bank Ltd >>Yavatmal Dist Central Coop Bank Ltd >>Yavatmal Dist Central Coop Bank Ltd

MICR code for Axis Bank Yavatmal

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 Yavatmal 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. 445211002 is the MICR code of Axis Bank for Yavatmal branch. MICR code for Yavatmal 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 Yavatmal is presented in the table alongside.

Use of Axis Bank MICR code for Yavatmal branch in yavatmal

The MICR code 445211002 is used in RBI cheque clearing process to identify the branch Yavatmal 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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