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Axis Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Axis Bank Delhi New Delhi New Delhi

Bank
State
District
City
Branch
Address

MICR Code	110211009
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shakti Nagar
Contact	110007
Bank Details	Axis Bank Shakti Nagar UTIB0000054

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110007
Country	IN
Address	Plot no.1, amar bhavan, 11433 g.t. Karnal road, shakti nagar

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 110211009 for Shakti Nagar 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 110211009 of Axis Bank, Shakti Nagar branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Shakti Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 59 branches of Axis Bank are available with micr code -

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MICR code for Axis Bank Shakti Nagar

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 Shakti Nagar 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. 110211009 is the MICR code of Axis Bank for Shakti Nagar branch. MICR code for Shakti Nagar 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 Shakti Nagar is presented in the table alongside.

Use of Axis Bank MICR code for Shakti Nagar branch in delhi

The MICR code 110211009 is used in RBI cheque clearing process to identify the branch Shakti Nagar 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.