AU Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for AU Bank Mumbai Mumbai Maharashtra

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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 Ghatkopar East
Contact 0-7039004785
Bank Details AU Small Finance Bank Limited Ghatkopar East AUBL0002533
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400075
Country IN
Address Shop no.13& 14,neelkanth regent,r.n.narkar marg,pant nagar,ghatkopar ( e),mumbai 400075
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 400765015 for Ghatkopar East 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 400765015 of AU Small Finance Bank, Ghatkopar East branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Ghatkopar East branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for AU Bank Ghatkopar East

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 Ghatkopar East 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. 400765015 is the MICR code of AU Finance Bank for Ghatkopar East branch. MICR code for Ghatkopar East 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 Ghatkopar East is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Ghatkopar East branch in mumbai

The MICR code 400765015 is used in RBI cheque clearing process to identify the branch Ghatkopar East 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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