Axis Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Axis Bank Ahmedabad Ahmedabad Gujarat

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Singarva
Contact 79-9340228354
Bank Details Axis Bank Singarva UTIB0006370
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 382330
Country IN
Address Ground flr shop no a01 a02 a03 mangalya arcade, land bearing survey 537 2, old no 213 tp no 131, final plot no 83,2 nr cisf camp, opp prathna elegance, mouje singarva, tal dascroi, ahmedabad, gujarat
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 Singarva 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, Singarva branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Singarva branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Singarva

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

Use of Axis Bank MICR code for Singarva branch in ahmedabad

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