AU Bank Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for AU Bank Rajkot Rajkot Gujarat

MICR Code
Bank AU Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajkot
Contact 0
Bank Details AU Small Finance Bank Limited Rajkot AUBL0002126
Location Rajkot, Rajkot
City Rajkot
District Rajkot
State Gujarat
Pincode 360005
Country IN
Address Nava mava revenue survey no 27 p tp no 7 fp no 31 2 j 1 building ground floor floor sadar patel marg near hdfc bank 150 feet ring road rajkot 360005
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 360765001 for Rajkot 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 360765001 of AU Small Finance Bank, Rajkot branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Rajkot 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 -

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MICR code for AU Bank Rajkot

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 Rajkot 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. 360765001 is the MICR code of AU Finance Bank for Rajkot branch. MICR code for Rajkot 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 Rajkot is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Rajkot branch in rajkot

The MICR code 360765001 is used in RBI cheque clearing process to identify the branch Rajkot 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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