AU Bank Shaheed Bhagat Singh Nagar Shaheed Bhagat Singh Nagar Punjab MICR CODE

Find MICR Codes for AU Bank Shaheed Bhagat Singh Nagar Shaheed Bhagat Singh Nagar 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 Nawanshahrbanga Road
Contact 0
Bank Details AU Small Finance Bank Limited Nawanshahrbanga Road AUBL0002395
Location Shaheed Bhagat Singh Nagar, Shaheed Bhagat Singh Nagar
City Shaheed Bhagat Singh Nagar
District Shaheed Bhagat Singh Nagar
State Punjab
Pincode 144505
Country IN
Address Gujjar pur kalan adjoining central bank of india banga road nawanshahr 144514
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 144765302 for Nawanshahrbanga Road 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 144765302 of AU Small Finance Bank, Nawanshahrbanga Road branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Nawanshahrbanga Road 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 -

>>Nawanshahrbanga Road

MICR code for AU Bank Nawanshahrbanga Road

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 Nawanshahrbanga Road 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. 144765302 is the MICR code of AU Finance Bank for Nawanshahrbanga Road branch. MICR code for Nawanshahrbanga Road 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 Nawanshahrbanga Road is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Nawanshahrbanga Road branch in shaheed bhagat singh nagar

The MICR code 144765302 is used in RBI cheque clearing process to identify the branch Nawanshahrbanga Road 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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