AU Bank Bangalore North Bengaluru Urban Karnataka MICR CODE

Find MICR Codes for AU Bank Bangalore North Bengaluru Urban Karnataka

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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 Bangalore Basavanagudi
Contact 0-9773345839
Bank Details AU Small Finance Bank Limited Bangalore Basavanagudi AUBL0004125
Location Bangalore North, Bengaluru Urban
City Bangalore North
District Bengaluru Urban
State Karnataka
Pincode
Country IN
Address Number 2,old no.95,komarla nivas v.v.puram,at 172,kavi lakshmeesha road
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 Bangalore Basavanagudi 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, Bangalore Basavanagudi branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Bangalore Basavanagudi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of AU Small Finance Bank Limited are available with micr code -

>>Bangalore Basavanagudi >>Bangalore Kormangala >>Bangalore Sarjapur Road >>Yelahanka

MICR code for AU Bank Bangalore Basavanagudi

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 Bangalore Basavanagudi 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 Bangalore Basavanagudi branch. MICR code for Bangalore Basavanagudi 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 Bangalore Basavanagudi is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Bangalore Basavanagudi branch in bangalore north

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