AU Bank Ahmednagar Ahmednagar Maharashtra MICR CODE

Find MICR Codes for AU Bank Ahmednagar Ahmednagar 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 Sangamnerjantariya Road
Contact 0
Bank Details AU Small Finance Bank Limited Sangamnerjantariya Road AUBL0002363
Location Ahmednagar, Ahmednagar
City Ahmednagar
District Ahmednagar
State Maharashtra
Pincode 422605
Country IN
Address Dattashilla complex first floor, malpani plaza jantariya road, sangamner, 422605
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 422765201 for Sangamnerjantariya 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 422765201 of AU Small Finance Bank, Sangamnerjantariya Road branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Sangamnerjantariya Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of AU Small Finance Bank Limited are available with micr code -

>>Ahmednagar Savedi >>Sangamnerjantariya Road >>Shrirampursagamner Road

MICR code for AU Bank Sangamnerjantariya 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 Sangamnerjantariya 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. 422765201 is the MICR code of AU Finance Bank for Sangamnerjantariya Road branch. MICR code for Sangamnerjantariya 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 Sangamnerjantariya Road is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Sangamnerjantariya Road branch in ahmednagar

The MICR code 422765201 is used in RBI cheque clearing process to identify the branch Sangamnerjantariya 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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