Let Others Know
×
LinkedIn
Email
WhatsApp

Axis Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Axis Bank Ahmedabad Ahmedabad Gujarat

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bakrol Ahmedabad
Contact 79-9099947995
Bank Details Axis Bank Bakrol Ahmedabad UTIB0005379
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 382430
Country IN
Address Ground floor, shop no 18 and 19, radhe arcade, s no 136, khata no 572,taluka daskroi,382430
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 Bakrol Ahmedabad 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, Bakrol Ahmedabad branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bakrol Ahmedabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Bakrol Ahmedabad

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 Bakrol Ahmedabad 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 Bakrol Ahmedabad branch. MICR code for Bakrol Ahmedabad 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 Bakrol Ahmedabad is presented in the table alongside.

Use of Axis Bank MICR code for Bakrol Ahmedabad branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bakrol Ahmedabad 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.