AU Bank Bhubaneswar Ps Khurda Orissa MICR CODE

Find MICR Codes for AU Bank Bhubaneswar Ps Khurda Orissa

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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 Bhubaneswar
Contact 0-8905111320
Bank Details AU Small Finance Bank Limited Bhubaneswar AUBL0004235
Location Bhubaneswar Ps, Khurda
City Bhubaneswar Ps
District Khurda
State Orissa
Pincode 751007
Country IN
Address Plot no 259/2307, ward no 10/13, mayfair square, jayadev vihar, bhubaneswar, khorda, odisha - 751007
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 Bhubaneswar 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, Bhubaneswar branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Bhubaneswar 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 -

>>Bhubaneswar

MICR code for AU Bank Bhubaneswar

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

Use of AU Small Finance Bank MICR code for Bhubaneswar branch in bhubaneswar ps

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