Axis Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Axis Bank Pune Pune Maharashtra

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Warje Pune
Contact 1801035577
Bank Details Axis Bank Warje Pune UTIB0002652
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411058
Country IN
Address Spandanshowroomno 1 no 1171 popular nagar opp maimangeshkar hosp pune pin 411058
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 411211039 for Warje Pune 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 411211039 of Axis Bank, Warje Pune branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Warje Pune branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Warje Pune

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 Warje Pune 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. 411211039 is the MICR code of Axis Bank for Warje Pune branch. MICR code for Warje Pune 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 Warje Pune is presented in the table alongside.

Use of Axis Bank MICR code for Warje Pune branch in pune

The MICR code 411211039 is used in RBI cheque clearing process to identify the branch Warje Pune 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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