AU Bank Yavatmal Yavatmal Maharashtra MICR CODE

Find MICR Codes for AU Bank Yavatmal Yavatmal 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 Wani Sai Mandir Chowk
Contact 0
Bank Details AU Small Finance Bank Limited Wani Sai Mandir Chowk AUBL0002370
Location Yavatmal, Yavatmal
City Yavatmal
District Yavatmal
State Maharashtra
Pincode 445304
Country IN
Address Plot no 3 sheet no 7 b above sbi opp to sai mandir sai mandir chowk wani yavatmal 445304
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 445765501 for Wani Sai Mandir Chowk 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 445765501 of AU Small Finance Bank, Wani Sai Mandir Chowk branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Wani Sai Mandir Chowk branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of AU Small Finance Bank Limited are available with micr code -

>>Wani Sai Mandir Chowk >>Yavatmal

MICR code for AU Bank Wani Sai Mandir Chowk

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 Wani Sai Mandir Chowk 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. 445765501 is the MICR code of AU Finance Bank for Wani Sai Mandir Chowk branch. MICR code for Wani Sai Mandir Chowk 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 Wani Sai Mandir Chowk is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Wani Sai Mandir Chowk branch in yavatmal

The MICR code 445765501 is used in RBI cheque clearing process to identify the branch Wani Sai Mandir Chowk 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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