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Axis Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Axis Bank Delhi New Delhi New Delhi

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Basant Lok
Contact	11-9654946443
Bank Details	Axis Bank Basant Lok UTIB0005109

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110057
Country	IN
Address	33, basant lok, vasant vihar, priya pvr complex, new delhi 110 057

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 Basant Lok 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, Basant Lok branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Basant Lok branch, makes the characters readable even if there are other marks and stamps on it.

A total of 59 branches of Axis Bank are available with micr code -

>>Ajay Enclave >>Ashok Vihar (New Delhi) >>Badarpur Delhi >>Basant Lok >>Chandni Chowk (Delhi) >>Chattarpur >>Chittaranjan Park (New Delhi) >>Clock Tower Hari Nagar >>D.B. Gupta Road New Delhi >>Daryaganj (Delhi) >>Defence Colony New Delhi >>Dlf Capitol Point Cp >>Dwarka >>Dwarka (Delhi) >>Greater Kailash >>Greater Kailash Ii (New Delhi) >>Green Park >>Iit Nehru Place >>Janakpuri (New Delhi) >>Janakpuri A Block >>Karkardooma Delhi >>Karol Bagh (West Delhi) >>Khan Market (New Delhi) >>Kirti Nagar (New Delhi) >>Krishna Nagar Delhi >>Lajpat Nagar (New Delhi) >>Malviya Nagar (New Delhi) >>Mayur Vihar New Delhi >>Meharuli >>Model Town (Delhi) >>N Block Malviyanagar >>Nazafgarh New Delhi >>New Delhi >>New Delhi Service Br >>Okhla Phase >>Palam (Delhi) >>Paschim Vihar >>Pitampura >>Punjabi Bagh Branch >>Rajinder Nagar (West Delhi) >>Rajouri Garden >>Ring Road Lajpat Nagar Iv >>Rohini Delhi >>Rohtak (Haryana) >>Saket >>Saket New Delhi >>Sda Market >>Sec Five Rohini >>Sector 7 Rohini (Delhi) >>Shadley Public School Rajouri Garden New Delhi >>Shakti Nagar >>Shalimar Bagh (Delhi) >>South Extension Part One >>Square One Saket >>Sunder Nagar >>Swasthya Vihar New Delhi >>Vasant Kunj (Nd) >>Vasant Vihar (New Delhi) >>Vikaspuri

MICR code for Axis Bank Basant Lok

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 Basant Lok 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 Basant Lok branch. MICR code for Basant Lok 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 Basant Lok is presented in the table alongside.

Use of Axis Bank MICR code for Basant Lok branch in delhi

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