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Axis Bank Panaji North Goa Goa MICR CODE

Find MICR Codes for Axis Bank Panaji North Goa Goa

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panaji (Goa)
Contact 403001
Bank Details Axis Bank Panaji (Goa) UTIB0000078
Location Panaji, North Goa
City Panaji
District North Goa
State Goa
Pincode 403006
Country IN
Address Atmaram commercial complex, dr a b road, opp. Hotel nova goa
MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Goa (Service Branch)
Contact
Bank Details Axis Bank Goa (Service Branch) UTIB0001465
Location Panaji, North Goa
City Panaji
District North Goa
State Goa
Pincode 403001
Country IN
Address Shop no6/7/8 atmaram commercial complex dr a b road , panaji, dist. North goa, goa , pin 403001
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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 north goa

You can search through MICR Codes of Goa branches in panaji of District north goa in Goa State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 4 branches of Axis Bank are available with micr code -

>>Caranzalem >>Goa (Service Branch) >>Panaji (Goa) >>Patto

How to find MICR codes for Axis Bank in panaji?

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

Axis Bank MICR code in panaji

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