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AU Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for AU Bank Jaipur Jaipur Rajasthan

MICR Code
Bank AU Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Phagijaipur Road
Contact 0
Bank Details AU Small Finance Bank Limited Phagijaipur Road AUBL0002218
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 303005
Country IN
Address Patta no 93 jaipur road near uco bank phagi 303005
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 303765017 for Phagijaipur 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 303765017 of AU Small Finance Bank, Phagijaipur Road branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Phagijaipur Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for AU Bank Phagijaipur 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 Phagijaipur 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. 303765017 is the MICR code of AU Finance Bank for Phagijaipur Road branch. MICR code for Phagijaipur 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 Phagijaipur Road is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Phagijaipur Road branch in jaipur

The MICR code 303765017 is used in RBI cheque clearing process to identify the branch Phagijaipur 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.