Axis Bank Nashik Nasik Maharashtra MICR CODE

Find MICR Codes for Axis Bank Nashik Nasik Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	422211007
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gangapur Road Nashik
Contact	(0253) 2232251/ 52 / (0253) 2232253
Bank Details	Axis Bank Gangapur Road Nashik UTIB0001041

Location	Nashik, Nasik
City	Nashik
District	Nasik
State	Maharashtra
Pincode	422005
Country	IN
Address	Ground floor, shop no.5 a & b, rishiraj regency, opp. Pumping station, gangapur road , nashik, pin 422005

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 422211007 for Gangapur Road Nashik 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 422211007 of Axis Bank, Gangapur Road Nashik branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gangapur Road Nashik branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Axis Bank are available with micr code -

>>Bodhale Nagar >>Gangapur Road Nashik >>Mahatma Nagar >>Nashik (Service Branch) >>Panchvati Nashik

MICR code for Axis Bank Gangapur Road Nashik

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 Gangapur Road Nashik 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. 422211007 is the MICR code of Axis Bank for Gangapur Road Nashik branch. MICR code for Gangapur Road Nashik 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 Gangapur Road Nashik is presented in the table alongside.

Use of Axis Bank MICR code for Gangapur Road Nashik branch in nashik

The MICR code 422211007 is used in RBI cheque clearing process to identify the branch Gangapur Road Nashik 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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