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Axis Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Axis Bank Indore Indore Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	452211020
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Marimata Square
Contact	7509060492
Bank Details	Axis Bank Marimata Square UTIB0002820

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode	452006
Country	IN
Address	Ground floor 3 vip road no 1 raghuvanshi colony main road distt indore 452006

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 452211020 for Marimata Square 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 452211020 of Axis Bank, Marimata Square branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Marimata Square branch, makes the characters readable even if there are other marks and stamps on it.

A total of 36 branches of Axis Bank are available with micr code -

>>A B Road Indore >>Airport Road Indore >>Anand Bazar Indore >>Annapoorna >>Bhawarkua >>Bicholi Hapsi Indore ( M P ) >>Bombay Hospital Square Indore >>Chappan Dukan >>Choithram Mandi >>Devguradiya >>Geeta Bhavan Square Indore >>Indore >>Indore (Service Branch) >>Itwariya Bazar Rajwada Indore >>Kanadiya Road Indore >>Khandwa Road Indore >>Lasudiya Parmar >>Marimata Square >>Mth Compound Indore >>Nipania >>Palakhedi >>Palsikar Colony >>Pardeshipura >>Phooti Kothi Indore >>Pipliyahana Sq >>Rambaag >>Rau Indore ( M P) >>Saket Square >>Sanchar Nagar >>Sapna Sangita Road (Indore) >>Scheme No Seventy Eight >>Shalimar Township >>Sinhasa >>Sukhaliya Indore >>Ushaganj Indore >>Vijayanagar

MICR code for Axis Bank Marimata Square

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 Marimata Square 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. 452211020 is the MICR code of Axis Bank for Marimata Square branch. MICR code for Marimata Square 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 Marimata Square is presented in the table alongside.

Use of Axis Bank MICR code for Marimata Square branch in indore

The MICR code 452211020 is used in RBI cheque clearing process to identify the branch Marimata Square 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.