Axis Bank Gandhinagar Gandhinagar Gujarat MICR CODE

Find MICR Codes for Axis Bank Gandhinagar Gandhinagar Gujarat

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Moti Bhoyan
Contact 9825000599
Bank Details Axis Bank Moti Bhoyan UTIB0001872
Location Gandhinagar, Gandhinagar
City Gandhinagar
District Gandhinagar
State Gujarat
Pincode 382721
Country IN
Address Shop no. 2,3&4, ground floor, shree ambica complex, vill. Moti bhoyan, gandhinagar, ahmedabad 382721
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 380211033 for Moti Bhoyan 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 380211033 of Axis Bank, Moti Bhoyan branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Moti Bhoyan branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Moti Bhoyan

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 Moti Bhoyan 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. 380211033 is the MICR code of Axis Bank for Moti Bhoyan branch. MICR code for Moti Bhoyan 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 Moti Bhoyan is presented in the table alongside.

Use of Axis Bank MICR code for Moti Bhoyan branch in gandhinagar

The MICR code 380211033 is used in RBI cheque clearing process to identify the branch Moti Bhoyan 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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