AU Bank Saran Chapra Bihar MICR CODE

Find MICR Codes for AU Bank Saran Chapra Bihar

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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 Chapra
Contact 0
Bank Details AU Small Finance Bank Limited Chapra AUBL0005260
Location Saran, Chapra
City Saran
District Chapra
State Bihar
Pincode 841301
Country IN
Address Second floor, khata no. 365, khasra no. 222, mauza- sardha, thana- chapra muffasil, thana no. 342, chapra, saran, bihar-841301
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 Chapra 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, Chapra branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Chapra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of AU Small Finance Bank Limited are available with micr code -

>>Chapra

MICR code for AU Bank Chapra

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 Chapra 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 Chapra branch. MICR code for Chapra 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 Chapra is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Chapra branch in saran

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