Axis Bank Thane Virar Maharashtra MICR CODE

Find MICR Codes for Axis Bank Thane Virar Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400211146
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Virar East
Contact	8806900232
Bank Details	Axis Bank Virar East UTIB0002770

Location	Thane, Virar
City	Thane
District	Virar
State	Maharashtra
Pincode	401305
Country	IN
Address	Gr f vidya sadan opp nirabai patil margmanvelpada road virar east dist thane mh pin 401305

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 400211146 for Virar East 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 400211146 of Axis Bank, Virar East branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Virar East 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 -

>>Virar East

MICR code for Axis Bank Virar East

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 Virar East 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. 400211146 is the MICR code of Axis Bank for Virar East branch. MICR code for Virar East 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 Virar East is presented in the table alongside.

Use of Axis Bank MICR code for Virar East branch in thane

The MICR code 400211146 is used in RBI cheque clearing process to identify the branch Virar East 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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