AU Bank Shri Muktsar Sahib Shri Muktsar Sahib Punjab MICR CODE

Find MICR Codes for AU Bank Shri Muktsar Sahib Shri Muktsar Sahib Punjab

MICR Code
Bank AU Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madhir
Contact 00
Bank Details AU Small Finance Bank Limited Madhir AUBL0002461
Location Shri Muktsar Sahib, Shri Muktsar Sahib
City Shri Muktsar Sahib
District Shri Muktsar Sahib
State Punjab
Pincode
Country IN
Address Near busstand,village madhir,tehsil giderbaha
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 152765252 for Madhir 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 152765252 of AU Small Finance Bank, Madhir branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Madhir 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 -

>>Madhir

MICR code for AU Bank Madhir

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 Madhir 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. 152765252 is the MICR code of AU Finance Bank for Madhir branch. MICR code for Madhir 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 Madhir is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Madhir branch in shri muktsar sahib

The MICR code 152765252 is used in RBI cheque clearing process to identify the branch Madhir 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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