AU Bank Faridkot Faridkot Punjab MICR CODE

Find MICR Codes for AU Bank Faridkot Faridkot Punjab

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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 Faridkotmohalla Talaab
Contact 0
Bank Details AU Small Finance Bank Limited Faridkotmohalla Talaab AUBL0002388
Location Faridkot, Faridkot
City Faridkot
District Faridkot
State Punjab
Pincode 151203
Country IN
Address M c no b 6 65 min mohalla talaab faridkot 151203
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 151765102 for Faridkotmohalla Talaab 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 151765102 of AU Small Finance Bank, Faridkotmohalla Talaab branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Faridkotmohalla Talaab 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 -

>>Faridkotmohalla Talaab

MICR code for AU Bank Faridkotmohalla Talaab

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 Faridkotmohalla Talaab 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. 151765102 is the MICR code of AU Finance Bank for Faridkotmohalla Talaab branch. MICR code for Faridkotmohalla Talaab 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 Faridkotmohalla Talaab is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Faridkotmohalla Talaab branch in faridkot

The MICR code 151765102 is used in RBI cheque clearing process to identify the branch Faridkotmohalla Talaab 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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