AU Bank Prayagraj Prayagraj Uttar Pradesh MICR CODE

Find MICR Codes for AU Bank Prayagraj Prayagraj Uttar 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 Handiya
Contact 0
Bank Details AU Small Finance Bank Limited Handiya AUBL0004833
Location Prayagraj, Prayagraj
City Prayagraj
District Prayagraj
State Uttar Pradesh
Pincode 221503
Country IN
Address Fsfb,plot no 236, grnd flr, ward no 2, pillar no 59, prayagraj, varanasi road, handia, district prayagraj,up, pincode 221503
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 Handiya 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, Handiya branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Handiya 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 -

>>Handiya >>Naini >>Phulpur

MICR code for AU Bank Handiya

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

Use of AU Small Finance Bank MICR code for Handiya branch in prayagraj

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