AU Bank Raisen Raisen Madhya Pradesh MICR CODE

Find MICR Codes for AU Bank Raisen Raisen Madhya Pradesh

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MICR Code	464765501
Bank	AU Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Barailybus Stand Main Road
Contact	0
Bank Details	AU Small Finance Bank Limited Barailybus Stand Main Road AUBL0002297

Location	Raisen, Raisen
City	Raisen
District	Raisen
State	Madhya Pradesh
Pincode	464668
Country	IN
Address	Ward no 2 jain cycle store near bus stand main road bareli m p 464668

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 464765501 for Barailybus Stand Main 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 464765501 of AU Small Finance Bank, Barailybus Stand Main Road branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Barailybus Stand Main Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of AU Small Finance Bank Limited are available with micr code -

>>Barailybus Stand Main Road >>Raisenarjun Nagar

MICR code for AU Bank Barailybus Stand Main 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 Barailybus Stand Main 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. 464765501 is the MICR code of AU Finance Bank for Barailybus Stand Main Road branch. MICR code for Barailybus Stand Main 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 Barailybus Stand Main Road is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Barailybus Stand Main Road branch in raisen

The MICR code 464765501 is used in RBI cheque clearing process to identify the branch Barailybus Stand Main 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.

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