AU Bank Pachkula Pachkula Punjab MICR CODE

Find MICR Codes for AU Bank Pachkula Pachkula Punjab

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MICR Code	160765010
Bank	AU Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sec Panchkula
Contact	0-8288011619
Bank Details	AU Small Finance Bank Limited Sec Panchkula AUBL0002526

Location	Pachkula, Pachkula
City	Pachkula
District	Pachkula
State	Punjab
Pincode
Country	IN
Address	Sco 389 sec 20 panchkula haryana

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 160765010 for Sec Panchkula 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 160765010 of AU Small Finance Bank, Sec Panchkula branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Sec Panchkula 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 -

>>Sec Panchkula

MICR code for AU Bank Sec Panchkula

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 Sec Panchkula 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. 160765010 is the MICR code of AU Finance Bank for Sec Panchkula branch. MICR code for Sec Panchkula 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 Sec Panchkula is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Sec Panchkula branch in pachkula

The MICR code 160765010 is used in RBI cheque clearing process to identify the branch Sec Panchkula 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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