AU Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for AU Bank Bhopal Bhopal 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 Chuna Bhatti Kolar Road
Contact 9116637034
Bank Details AU Small Finance Bank Limited Chuna Bhatti Kolar Road AUBL0002744
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462042
Country IN
Address Ground and mezzanine floor, plot no.3 arnyawali society, kolar road, chuna bhatti, bhopal, madhya pradesh 462042
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 Chuna Bhatti Kolar Road 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, Chuna Bhatti Kolar Road branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Chuna Bhatti Kolar Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of AU Small Finance Bank Limited are available with micr code -

>>Bhopalmp Nagar >>Bhopalraisen Road >>Chuna Bhatti Kolar Road >>Hamidiya Road Bhopal >>Pagari Rajgarh

MICR code for AU Bank Chuna Bhatti Kolar Road

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 Chuna Bhatti Kolar Road 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 Chuna Bhatti Kolar Road branch. MICR code for Chuna Bhatti Kolar Road 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 Chuna Bhatti Kolar Road is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Chuna Bhatti Kolar Road branch in bhopal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chuna Bhatti Kolar Road 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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