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Axis Bank Greater Bombay Mumbai Maharashtra MICR CODE

Find MICR Codes for Axis Bank Greater Bombay Mumbai Maharashtra

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sewri
Contact 9167004472
Bank Details Axis Bank Sewri UTIB0002769
Location Greater Bombay, Mumbai
City Greater Bombay
District Mumbai
State Maharashtra
Pincode 400015
Country IN
Address Grf gala no 1516 regal industrial estatead opp sewri bus depot sewri mumbai pin 400015
MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Oshiwara
Contact 8347402400
Bank Details Axis Bank Oshiwara UTIB0002776
Location Greater Bombay, Mumbai
City Greater Bombay
District Mumbai
State Maharashtra
Pincode 400053
Country IN
Address Grf 01 mhada comp marigold apt new link road oshiwaraandheri west mumbai pin 400053
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.

Search Axis Bank MICR Codes in mumbai

You can search through MICR Codes of Maharashtra branches in greater bombay of District mumbai in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Axis Bank are available with micr code -

>>Oshiwara >>Sewri

How to find MICR codes for Axis Bank in greater bombay?

Axis Bank greater bombay MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Axis Bank MICR codes list for greater bombay, one can further search by branch name specified in the table. You can find MICR codes for all Axis Bank greater bombay branches.

Axis Bank MICR code in greater bombay

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for greater bombay branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Axis Bank branches in greater bombay, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Axis Bank MICR code for greater bombay branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Axis Bank greater bombay branch, sprinted 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. Thus MICR code for Axis Bank greater bombay branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for greater bombay branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!