Let Others Know
×
LinkedIn
Email
WhatsApp

Axis Bank Ambad Jalna Maharashtra MICR CODE

Find MICR Codes for Axis Bank Ambad Jalna Maharashtra

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambad
Contact (0253) 2375942/ 2375943 / (0253) 2375941
Bank Details Axis Bank Ambad UTIB0000849
Location Ambad, Jalna
City Ambad
District Jalna
State Maharashtra
Pincode 422009
Country IN
Address Ground floor, plot no. Asg 44/45, sahyadri nagar, near paatardi phata, mumbai-agra road nashik, maharashtra , pin 422 009
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 422211006 for Ambad 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 422211006 of Axis Bank, Ambad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ambad 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 -

>>Ambad

MICR code for Axis Bank Ambad

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 Ambad 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. 422211006 is the MICR code of Axis Bank for Ambad branch. MICR code for Ambad 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 Ambad is presented in the table alongside.

Use of Axis Bank MICR code for Ambad branch in ambad

The MICR code 422211006 is used in RBI cheque clearing process to identify the branch Ambad 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.