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Axis Bank Greater Bombay Mumbai Maharashtra MICR CODE

Find MICR Codes for Axis Bank Greater Bombay Mumbai Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400211984
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sewri
Contact	9167004472
Bank Details	Axis Bank Sewri UTIB0002769

Location	Greater Bombay, Mumbai
City	Greater Bombay
District	Mumbai
State	Maharashtra
Pincode	400015
Country	IN
Address	Grf gala no 1516 regal industrial estatead opp sewri bus depot sewri mumbai pin 400015

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 400211984 for Sewri 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 400211984 of Axis Bank, Sewri branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Sewri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Oshiwara >>Sewri

MICR code for Axis Bank Sewri

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 Sewri 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. 400211984 is the MICR code of Axis Bank for Sewri branch. MICR code for Sewri 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 Sewri is presented in the table alongside.

Use of Axis Bank MICR code for Sewri branch in greater bombay

The MICR code 400211984 is used in RBI cheque clearing process to identify the branch Sewri 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.