MICR Code Bank
Find MICR code for AU Bank branches in India for NEFT and RTGS transfer

AU Bank MICR CODE

Find MICR Codes for AU Bank

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  1. AU Small Finance Bank Limited »
  2. Goa »
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  5. margao goa

Find MICR Codes for AU Bank

MICR Code: 403765002
Bank: AU Small Finance Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Margao Goa
Contact: 0
Bank Details: AU Small Finance Bank Limited Margao Goa AUBL0002376
Location: Goa, Goa
City: Goa
District: Goa
State: Goa
Pincode: 403515
Country: IN
Address: Shop no ugf 11 12 vasanta aracade matriz no 1317 margao city survey office chalta no 96 sheet no 214 comba bogtancho dando 403515

How does MICR code for 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 of AU Small Finance Bank, branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for 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

>>Margao Goa

MICR code for AU Bank

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

Use of AU Small Finance Bank MICR code for branch in goa

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