AU Bank Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for AU Bank Alwar Alwar Rajasthan

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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 Bhiwadibhagat Singh Colony
Contact 0
Bank Details AU Small Finance Bank Limited Bhiwadibhagat Singh Colony AUBL0002192
Location Alwar, Alwar
City Alwar
District Alwar
State Rajasthan
Pincode 301019
Country IN
Address A 2 shakuntalam tower bhagat singh colony near rbl bank bhiwadi 301019
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 301765003 for Bhiwadibhagat Singh Colony 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 301765003 of AU Small Finance Bank, Bhiwadibhagat Singh Colony branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Bhiwadibhagat Singh Colony branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of AU Small Finance Bank Limited are available with micr code -

>>Alwarraghu Marg >>Bansurnarayanpur Road >>Behrorgoswami Sadan >>Bhiwadibhagat Singh Colony >>Gailpur >>Kishangarh Bastijara Road >>Raiwana >>Thanagazialwar Road

MICR code for AU Bank Bhiwadibhagat Singh Colony

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 Bhiwadibhagat Singh Colony 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. 301765003 is the MICR code of AU Finance Bank for Bhiwadibhagat Singh Colony branch. MICR code for Bhiwadibhagat Singh Colony 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 Bhiwadibhagat Singh Colony is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Bhiwadibhagat Singh Colony branch in alwar

The MICR code 301765003 is used in RBI cheque clearing process to identify the branch Bhiwadibhagat Singh Colony 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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