AU Bank Nasik Nasik Maharashtra MICR CODE

Find MICR Codes for AU Bank Nasik Nasik Maharashtra

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MICR Code
Bank AU Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vani
Contact 0
Bank Details AU Small Finance Bank Limited Vani AUBL0005218
Location Nasik, Nasik
City Nasik
District Nasik
State Maharashtra
Pincode 422215
Country IN
Address Ground and mezannine flr,shop no 34 and 35,gat no 496 1 a 3,area no 1,vani,dindori, nashik, maharashtra 422215
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 Vani 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, Vani branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Vani branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of AU Small Finance Bank Limited are available with micr code -

>>Nandgaon >>Niphad >>Satana >>Sinnar >>Vani

MICR code for AU Bank Vani

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 Vani 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 Vani branch. MICR code for Vani 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 Vani is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Vani branch in nasik

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