AU Bank East Nimar East Nimar Madhya Pradesh MICR CODE

Find MICR Codes for AU Bank East Nimar East Nimar Madhya Pradesh

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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 Anandnagar Khandwa
Contact 0
Bank Details AU Small Finance Bank Limited Anandnagar Khandwa AUBL0004402
Location East Nimar, East Nimar
City East Nimar
District East Nimar
State Madhya Pradesh
Pincode 450116
Country IN
Address 1st floor,plot no 04,sheet no 06, ward no.50, near rameshwar puliya main road, anand nagar,at and po khandwa, dist khandwa, mp,pin 450116
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 Anandnagar Khandwa 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, Anandnagar Khandwa branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Anandnagar Khandwa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of AU Small Finance Bank Limited are available with micr code -

>>Anandnagar Khandwa >>Khalawa >>Khandwaanand Nagar >>Punasa

MICR code for AU Bank Anandnagar Khandwa

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 Anandnagar Khandwa 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 Anandnagar Khandwa branch. MICR code for Anandnagar Khandwa 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 Anandnagar Khandwa is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Anandnagar Khandwa branch in east nimar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Anandnagar Khandwa 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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