Find Banks branches in India with Bank Address and Bank Phone number
You can search through 90,000+ Bank Branches of 125+ Banks in India! We are making earnest efforts in keeping the information updated by adding Bank Branches of banks as they get available on RBI website.

Locate Bank Branches for Axis Bank Greater Bombay Maharashtra

Bank Name: Axis Bank
Branch: Nps Trustee Bank
Business Hours: Monday to Saturday 10 am to 4 pm
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
MICR Code: 400211088
IFSC Code: UTIB0NPS001
Bank Details: Axis Bank Nps Trustee Bank UTIB0NPS001
Location: Mumbai, Greater Bombay
City: Mumbai
District: Greater Bombay
State: Maharashtra
Pin Code: 400025
Country: India
Address: Ground floor, axis house,bombay dyeing mill compound,pandurang budhkar marg,worli, mumbai - 400 025

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.

In manual clearing of cheques, many errors may occur and therefore the whole process is sort of time consuming. The MICR technology accelerates the processing of cheque because it reduces manual efforts of sorting. Thus the 825240102 of Axis Bank Ltd, Mumbai branch makes the system almost error free and faster. Use of Axis Bank Ltd MICR codes for Mumbai branch, makes the characters readable whether or not there are other marks and stamps thereon.

Axis Bank MICR (Magnetic Ink Character Recognition) code may be a code code used for processing and clearance of cheques. Axis Bank Ltd MICR code for Mumbai may be a 9 digit code, within which first 3 digit represents town code, next 3 digit to bank code and later 3 digit to branch code. 825240102 is that the MICR code of HDFC for Mumbai branch. MICR code for Mumbai branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader then automatically sorted. MICR code for Axis Bank Ltd Mumbai is presented within the table alongside.

The MICR code 825240102 is employed in RBI cheque clearing process to spot the branch Mumbai and Axis Bank Ltd bank for clearing processes. The MICR characters, which are printed using ink, are passed before a MICR reader. Initially the ink gets magnetized and when it's read, each character produces a novel waveform which might be easily identified. MICR code of HDFC is often in either of those two font’s: E-138 and CMC-7.

In manual clearing of cheques, there's an opportunity of the many errors and a protracted delay is involved. The characters of MICR code for a Axis Bank Mumbai branch, sprinted using ink, are passed before a MICR reader. Initially the ink gets magnetized and when it's read, each character produces a singular waveform which may be easily identified. Thus MICR code for Axis Bank Ltd Mumbai branches accelerates the processing of cheque because it reduces manual effort of sorting. Use of Axis Bank MICR codes for Mumbai branches, makes the characters readable whether or not there are other marks and stamps thereon. This makes the system almost error proof!