Axis Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Axis Bank Ahmedabad Ahmedabad Gujarat

MICR Code: -NA-
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Ahmedabad Branch
Bank Details: Axis Bank Ahmedabad Branch UTIB0000003
Location: Ahmedabad, Ahmedabad
City: Ahmedabad
District: Ahmedabad
State: Gujarat
Pincode: 380006
Country: IN
Address: Trishul-Opposite Samartheshwar Temple Law Garden, Ellis Bridge-380006
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 Ahmedabad Branch 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, Ahmedabad Branch branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Ahmedabad Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Axis Bank Ahmedabad Branch

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 Ahmedabad Branch 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 Ahmedabad Branch branch. MICR code for Ahmedabad Branch 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 Ahmedabad Branch is presented in the table alongside.

Use of Axis Bank MICR code for Ahmedabad Branch branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ahmedabad Branch 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.