Axis Bank Prantij Sabarkantha Gujarat MICR CODE

Find MICR Codes for Axis Bank Prantij Sabarkantha Gujarat

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Prantij
Contact 230009
Bank Details Axis Bank Prantij UTIB0004015
Location Prantij, Sabarkantha
City Prantij
District Sabarkantha
State Gujarat
Pincode 383205
Country IN
Address Ground floor 46345 near lic office cs no 6121 approch road taluka prantij prantij 383205
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 Prantij 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, Prantij branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Prantij 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 -

>>Prantij

MICR code for Axis Bank Prantij

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 Prantij 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 Prantij branch. MICR code for Prantij 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 Prantij is presented in the table alongside.

Use of Axis Bank MICR code for Prantij branch in prantij

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