Axis Bank Sangli Kavathe Mahankal Maharashtra MICR CODE

Find MICR Codes for Axis Bank Sangli Kavathe Mahankal Maharashtra

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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	Kavathe Mahankal
Contact	2341-9156568309
Bank Details	Axis Bank Kavathe Mahankal UTIB0006026

Location	Sangli, Kavathe Mahankal
City	Sangli
District	Kavathe Mahankal
State	Maharashtra
Pincode	416405
Country	IN
Address	Ground floor, savale complex, deshing corner, village and tal kavathe mahankal sangli

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 Kavathe Mahankal 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, Kavathe Mahankal branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Kavathe Mahankal 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 -

>>Kavathe Mahankal

MICR code for Axis Bank Kavathe Mahankal

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 Kavathe Mahankal 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 Kavathe Mahankal branch. MICR code for Kavathe Mahankal 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 Kavathe Mahankal is presented in the table alongside.

Use of Axis Bank MICR code for Kavathe Mahankal branch in sangli

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kavathe Mahankal 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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