Axis Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Axis Bank Pune Pune Maharashtra

Bank
State
District
City
Branch
Address

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	Punawale
Contact	20-9561304664
Bank Details	Axis Bank Punawale UTIB0005033

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode
Country	IN
Address	Ground floor, shiv constructions, shop no 128, sai millenium , punawale, tal mulshi, dist pune

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

A total of 83 branches of Axis Bank are available with micr code -

>>Amanora >>Ambegaon >>Appa Balawant Chowk >>Balewadi >>Baner (Pune) >>Bavdhan >>Bhosale Nagar >>Bhosari >>Bhugaon Pune >>Bibwewadi >>Blueridge Hinjewadi >>Bt Kawade Road Pune >>Bund Garden Road Branch Pune >>Camp (Pune) >>Charoli Phata >>Chikhli Road Pimpri Chinchwad >>Corporate Banking Branch Pune >>Dapodi >>Daund >>Dehu Road >>Dhanori Pune >>Dhayariphata >>Eon Kharadi >>Fursungi Pune >>Gokul Nagar Pune >>Hadapsar (Pune) >>Handewadi >>Indrayani Nagar >>Kalyani Nagar (Pune) >>Karvenagar >>Karwanchiwadi Pomendi >>Keshav Nagar Pune >>Kharadi >>Kirkee >>Kondhwa >>Koregaon Park >>Kothrud (Pune) >>Lonavala >>Magarpatta >>Mohamadwadi Pune >>Mohan Nagar >>Mohol Solapur >>Moshi Pune >>N M Road Koregaon Park >>Nalstop Pune >>Narayan Chincholi Solapur >>Narhe Pune >>Navipeth >>Nibm Annexe >>Pan Card Club Road Baner >>Pashan >>Paud Road Pune >>Pimple Nilakh >>Pimple Saudagar >>Pimpri Chinchwad (Pune) >>Pimpri Chowk >>Pisoli >>Prabhat Road >>Punawale >>Pune >>Rahatani >>Ranjangaon Pune >>Rastapeth >>Sadashivpeth >>Sahakar Nagar Pune >>Salisbury Park >>Sambhaji Nagar Wagholi >>Senapati Bapat Marg Pune >>Service Branch Pune >>Shankarseth Road >>Shivane >>Shri Anand Co Op Bank Ltd >>Sinhagad Road Pune >>Talegaon Pune >>Thermax Chowk Pimpri >>Treasure Park Parvati >>Uruli Kanchan >>Vadgaon Sheri >>Viman Nagar Pune >>Vishrantwadi >>Wanawadi (Pune) >>Warale >>Warje Pune

MICR code for Axis Bank Punawale

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

Use of Axis Bank MICR code for Punawale branch in pune

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