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Axis Bank Diu Diu Daman And Diu MICR CODE

Find MICR Codes for Axis Bank Diu Diu Daman And Diu

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Diu
Contact
Bank Details Axis Bank Diu UTIB0001599
Location Diu, Diu
City Diu
District Diu
State Daman And Diu
Pincode 362520
Country IN
Address Ground floor jiva bhai super market, nr goldmoon bar, bunder road-diu - 362520
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.

Search Axis Bank MICR Codes in diu

You can search through MICR Codes of Daman And Diu branches in diu of District diu in Daman And Diu State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Axis Bank are available with micr code -

>>Diu

How to find MICR codes for Axis Bank in diu?

Axis Bank diu MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Axis Bank MICR codes list for diu, one can further search by branch name specified in the table. You can find MICR codes for all Axis Bank diu branches.

Axis Bank MICR code in diu

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for diu branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Axis Bank branches in diu, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Axis Bank MICR code for diu branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Axis Bank diu branch, sprinted 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. Thus MICR code for Axis Bank diu branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for diu branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!