Axis Bank Junagadh Junagadh Gujarat MICR CODE

Find MICR Codes for Axis Bank Junagadh Junagadh Gujarat

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maliya Hatina
Contact 285-9726228027
Bank Details Axis Bank Maliya Hatina UTIB0006488
Location Junagadh, Junagadh
City Junagadh
District Junagadh
State Gujarat
Pincode 362245
Country IN
Address Gr floor, shop no 1, 2 and 3, plot no 202 p, railway station main rd, opp gov garden, maliya hatina
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 Maliya Hatina 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, Maliya Hatina branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Maliya Hatina branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Axis Bank are available with micr code -

>>Junagadh >>Junagadh (Gujarat) >>Maliya Hatina >>Zanzarda Road

MICR code for Axis Bank Maliya Hatina

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 Maliya Hatina 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 Maliya Hatina branch. MICR code for Maliya Hatina 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 Maliya Hatina is presented in the table alongside.

Use of Axis Bank MICR code for Maliya Hatina branch in junagadh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Maliya Hatina 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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