AU Bank Satara Satara Maharashtra MICR CODE

Find MICR Codes for AU Bank Satara Satara 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 Satararadhika Road
Contact 0
Bank Details AU Small Finance Bank Limited Satararadhika Road AUBL0002379
Location Satara, Satara
City Satara
District Satara
State Maharashtra
Pincode 415002
Country IN
Address 7 12 survey no 311 20 3 radhika road opp kanchan apartment parshwa vaibhav properties satara 415001
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 415765001 for Satararadhika 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 415765001 of AU Small Finance Bank, Satararadhika Road branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Satararadhika 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 -

>>Satararadhika Road

MICR code for AU Bank Satararadhika 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 Satararadhika 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. 415765001 is the MICR code of AU Finance Bank for Satararadhika Road branch. MICR code for Satararadhika 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 Satararadhika Road is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Satararadhika Road branch in satara

The MICR code 415765001 is used in RBI cheque clearing process to identify the branch Satararadhika 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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