AU Bank Nagpur Urban Nagpur Maharashtra MICR CODE

Find MICR Codes for AU Bank Nagpur Urban Nagpur 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 Nagpur Shankar Nagar
Contact 0-8828864073
Bank Details AU Small Finance Bank Limited Nagpur Shankar Nagar AUBL0004136
Location Nagpur Urban, Nagpur
City Nagpur Urban
District Nagpur
State Maharashtra
Pincode 440010
Country IN
Address Ground floor,plot number 65 west high court road gundawar complex,shankar nagar-440010
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.

Search AU Bank MICR Codes in nagpur

You can search through MICR Codes of Maharashtra branches in nagpur urban of District nagpur in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of AU Small Finance Bank Limited are available with micr code -

>>Nagpur Shankar Nagar

How to find MICR codes for AU Bank in nagpur urban?

AU Bank nagpur urban MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From AU Small Finance Bank MICR codes list for nagpur urban, one can further search by branch name specified in the table. You can find MICR codes for all AU Bank nagpur urban branches.

AU Small Finance Bank MICR code in nagpur urban

AU Bank MICR code is a character recognition technology used by banks in the processing of cheques. AU Small Finance Bank MICR code for nagpur urban branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for AU Finance Bank branches in nagpur urban, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does AU Finance Bank MICR code for nagpur urban branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a AU Bank nagpur urban branch, sprinted 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. Thus MICR code for AU Small Finance Bank nagpur urban branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of AU Finance Bank MICR codes for nagpur urban branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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