AU Bank Nagarkurnool Nagarkurnool Telangana MICR CODE

Find MICR Codes for AU Bank Nagarkurnool Nagarkurnool Telangana

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MICR Code
Bank AU Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Achampet
Contact 0
Bank Details AU Small Finance Bank Limited Achampet AUBL0004814
Location Nagarkurnool, Nagarkurnool
City Nagarkurnool
District Nagarkurnool
State Telangana
Pincode 509209
Country IN
Address Door no 1 1 ma0004, first floor, srisailam raod, near jimma majid,behind indian petrol bunk
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 0 for Achampet 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 0 of AU Small Finance Bank, Achampet branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Achampet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of AU Small Finance Bank Limited are available with micr code -

>>Achampet >>Kalwakurthy >>Nagarkurnool

MICR code for AU Bank Achampet

AU Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. AU Small Finance Bank MICR code for Achampet 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. 0 is the MICR code of AU Finance Bank for Achampet branch. MICR code for Achampet 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 AU Small Finance Bank Achampet is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Achampet branch in nagarkurnool

The MICR code 0 is used in RBI cheque clearing process to identify the branch Achampet and AU Small Finance 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 AU Finance Bank is typically in either of these two font’s: E-138 and CMC-7.

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