MICR Code Bank
Find MICR code for Axis Bank Bandra branches in India for NEFT and RTGS transfer

Axis Bank Bandra MICR CODE

Find MICR Codes for Axis Bank Bandra

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  5. bandra (east)

Find MICR Codes for Axis Bank Bandra

MICR Code: 400211065
Bank: Axis Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Bandra (East)
Contact: (022) 6678 6055
Bank Details: Axis Bank Bandra (East) UTIB0000776
Location: Mumbai, Mumbai
City: Mumbai
District: Mumbai
State: Maharashtra
Pincode: 400051
Country: IN
Address: Gn block, bandra kurla complex bandra (east), mumbai 400051, maharashtra

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

A total of 121 branches of Axis Bank are available with micr code

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MICR code for Axis Bank bandra

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

Use of Axis Bank MICR code for bandra branch in mumbai

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