AU Bank Barmer Budiwara Rajasthan MICR CODE

Find MICR Codes for AU Bank Barmer Budiwara Rajasthan

MICR Code
Bank AU Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rehnal Bhiwandi
Contact
Bank Details AU Small Finance Bank Limited Rehnal Bhiwandi AUBL0002418
Location Barmer, Budiwara
City Barmer
District Budiwara
State Rajasthan
Pincode 344022
Country IN
Address Pipaliya road, budiwarabarmer, rajasthan-344022
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 Rehnal Bhiwandi 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, Rehnal Bhiwandi branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Rehnal Bhiwandi 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 -

>>Rehnal Bhiwandi

MICR code for AU Bank Rehnal Bhiwandi

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 Rehnal Bhiwandi 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 Rehnal Bhiwandi branch. MICR code for Rehnal Bhiwandi 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 Rehnal Bhiwandi is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Rehnal Bhiwandi branch in barmer

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rehnal Bhiwandi 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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