AU Bank Mohali Kharar Punjab MICR CODE

Find MICR Codes for AU Bank Mohali Kharar Punjab

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MICR Code	-NA-
Bank	AU Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	New Chandigarh Mullanpur
Contact	0
Bank Details	AU Small Finance Bank Limited New Chandigarh Mullanpur AUBL0002860

Location	Mohali, Kharar
City	Mohali
District	Kharar
State	Punjab
Pincode	140901
Country	IN
Address	Ground floor, showroom no 1456 village mullanpur, opp to icici bank, garibdass, kharar, mohali, punjab 140901

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 New Chandigarh Mullanpur 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, New Chandigarh Mullanpur branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for New Chandigarh Mullanpur 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 -

>>New Chandigarh Mullanpur

MICR code for AU Bank New Chandigarh Mullanpur

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 New Chandigarh Mullanpur 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 New Chandigarh Mullanpur branch. MICR code for New Chandigarh Mullanpur 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 New Chandigarh Mullanpur is presented in the table alongside.

Use of AU Small Finance Bank MICR code for New Chandigarh Mullanpur branch in mohali

The MICR code 0 is used in RBI cheque clearing process to identify the branch New Chandigarh Mullanpur 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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