AU Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for AU Bank Pune Pune 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 Kothrud
Contact 0-7030919600
Bank Details AU Small Finance Bank Limited Kothrud AUBL0002517
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411038
Country IN
Address Success square,show room.12,survey no.157,hissa no.a,b,c/2 karve road,kothrud -411038
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 411765006 for Kothrud 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 411765006 of AU Small Finance Bank, Kothrud branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Kothrud branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of AU Small Finance Bank Limited are available with micr code -

>>Baramati Bhigvan Road >>East Street Pune >>Hadapsar Kharadi >>Kothrud >>Mukund Nagar >>Narayangaon Pune Nasik Highway >>Nibm Road Pune >>Pimpri >>Pune >>Pune Fc Road

MICR code for AU Bank Kothrud

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 Kothrud 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. 411765006 is the MICR code of AU Finance Bank for Kothrud branch. MICR code for Kothrud 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 Kothrud is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Kothrud branch in pune

The MICR code 411765006 is used in RBI cheque clearing process to identify the branch Kothrud 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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