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Axis Bank Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Gwalior Gwalior Madhya Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gwalior
Contact 474002
Bank Details Axis Bank Gwalior UTIB0000158
Location Gwalior, Gwalior
City Gwalior
District Gwalior
State Madhya Pradesh
Pincode 474001
Country IN
Address Kanwal complex, shrmant madhav rao scindia marg
MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lashkar Gwalior
Contact (0751) 4052369/ 4052213 / (0751) 4077513
Bank Details Axis Bank Lashkar Gwalior UTIB0001055
Location Gwalior, Gwalior
City Gwalior
District Gwalior
State Madhya Pradesh
Pincode 474009
Country IN
Address Hazrat road , next to dewan hospital , lashkar, gwalior , madhya pradesh pin 474009
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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 gwalior

You can search through MICR Codes of Madhya Pradesh branches in gwalior of District gwalior in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for Axis Bank in gwalior?

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

Axis Bank MICR code in gwalior

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for gwalior 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 gwalior, 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 gwalior 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 gwalior 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 gwalior branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for gwalior branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!