AU Bank Shajapur Shajapur Madhya Pradesh MICR CODE

Find MICR Codes for AU Bank Shajapur Shajapur Madhya Pradesh

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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 Shujalpurm G Road
Contact 0
Bank Details AU Small Finance Bank Limited Shujalpurm G Road AUBL0002307
Location Shajapur, Shajapur
City Shajapur
District Shajapur
State Madhya Pradesh
Pincode 465333
Country IN
Address Ward no 17 m g road opp hdfc bank shujalpur 465333
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 465765051 for Shujalpurm G 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 465765051 of AU Small Finance Bank, Shujalpurm G Road branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Shujalpurm G 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 -

>>Shujalpurm G Road

MICR code for AU Bank Shujalpurm G 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 Shujalpurm G 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. 465765051 is the MICR code of AU Finance Bank for Shujalpurm G Road branch. MICR code for Shujalpurm G 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 Shujalpurm G Road is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Shujalpurm G Road branch in shajapur

The MICR code 465765051 is used in RBI cheque clearing process to identify the branch Shujalpurm G 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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