Axis Bank Radhanpur Banas Kantha Gujarat MICR CODE

Find MICR Codes for Axis Bank Radhanpur Banas Kantha Gujarat

Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Radhanpur
Bank Details Axis Bank Radhanpur UTIB0001432
Location Radhanpur, Banas Kantha
City Radhanpur
District Banas Kantha
State Gujarat
Pincode 385340
Country IN
Address Plot no.19-21, mehsana highway road, radhanpur dist. Patan, gujarat , pin 385340
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 385211501 for Radhanpur 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 385211501 of Axis Bank, Radhanpur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Radhanpur 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 -


MICR code for Axis Bank Radhanpur

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 Radhanpur 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. 385211501 is the MICR code of Axis Bank for Radhanpur branch. MICR code for Radhanpur 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 Radhanpur is presented in the table alongside.

Use of Axis Bank MICR code for Radhanpur branch in radhanpur

The MICR code 385211501 is used in RBI cheque clearing process to identify the branch Radhanpur 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.