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Axis Bank Navi Mumabi Mumbai Maharashtra MICR CODE

Find MICR Codes for Axis Bank Navi Mumabi Mumbai Maharashtra

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Five Nerul East
Contact 9820329943
Bank Details Axis Bank Sector Five Nerul East UTIB0003335
Location Navi Mumabi, Mumbai
City Navi Mumabi
District Mumbai
State Maharashtra
Pincode 400706
Country IN
Address Gr fl jai bharat shikshan prasarak mandal plot no 78 sector 5 opp army colony nerul east 400706
MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Nighteen Airoli
Contact 9870233316
Bank Details Axis Bank Sector Nighteen Airoli UTIB0003258
Location Navi Mumabi, Mumbai
City Navi Mumabi
District Mumbai
State Maharashtra
Pincode 400708
Country IN
Address Ground floor whispering palms shop no 12 13 14 plot no 49 sector 19 airoli navi mumbai 400708
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 navi mumabi 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 -

>>Sector Five Nerul East >>Sector Nighteen Airoli

How to find MICR codes for Axis Bank in navi mumabi?

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

Axis Bank MICR code in navi mumabi

Axis Bank MICR code is a character recognition technology used by banks in the processing of cheques. Axis Bank MICR code for navi mumabi 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 navi mumabi, 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 navi mumabi 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 navi mumabi 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 navi mumabi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Axis Bank MICR codes for navi mumabi branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!