Axis Bank Jalgaon Jalgaon Maharashtra MICR CODE

Find MICR Codes for Axis Bank Jalgaon Jalgaon Maharashtra

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ajanta Road Jalgaon
Contact
Bank Details Axis Bank Ajanta Road Jalgaon UTIB0004348
Location Jalgaon, Jalgaon
City Jalgaon
District Jalgaon
State Maharashtra
Pincode 425003
Country IN
Address Plot no 4, ground floor, gruhakul co op society, ajanta road, midc area jalgaon 425003
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 0 for Ajanta Road Jalgaon 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 0 of Axis Bank, Ajanta Road Jalgaon branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ajanta Road Jalgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Axis Bank are available with micr code -

>>Ajanta Road Jalgaon >>Dsp Chowk Jalgaon >>Jalgaon Maharashtra >>Jamner >>Manraj Park Jalgaon >>Pachora

MICR code for Axis Bank Ajanta Road Jalgaon

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 Ajanta Road Jalgaon 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. 0 is the MICR code of Axis Bank for Ajanta Road Jalgaon branch. MICR code for Ajanta Road Jalgaon 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 Ajanta Road Jalgaon is presented in the table alongside.

Use of Axis Bank MICR code for Ajanta Road Jalgaon branch in jalgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ajanta Road Jalgaon 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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