AU Bank Banswara Banswara Rajasthan MICR CODE

Find MICR Codes for AU Bank Banswara Banswara Rajasthan

Bank
State
District
City
Branch
Address

MICR Code	327765002
Bank	AU Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Banswaramohan Colony
Contact	0
Bank Details	AU Small Finance Bank Limited Banswaramohan Colony AUBL0002237

Location	Banswara, Banswara
City	Banswara
District	Banswara
State	Rajasthan
Pincode	327001
Country	IN
Address	Mohan colony opp shri nath ashram udaipur road banswara 327001

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 327765002 for Banswaramohan Colony 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 327765002 of AU Small Finance Bank, Banswaramohan Colony branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Banswaramohan Colony branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of AU Small Finance Bank Limited are available with micr code -

>>Banswaramohan Colony >>Tejpur

MICR code for AU Bank Banswaramohan Colony

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 Banswaramohan Colony 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. 327765002 is the MICR code of AU Finance Bank for Banswaramohan Colony branch. MICR code for Banswaramohan Colony 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 Banswaramohan Colony is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Banswaramohan Colony branch in banswara

The MICR code 327765002 is used in RBI cheque clearing process to identify the branch Banswaramohan Colony 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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