AU Bank Mohali Zirakpur Punjab MICR CODE

Find MICR Codes for AU Bank Mohali Zirakpur Punjab

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MICR Code	160765008
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	Zirakpur
Contact	0
Bank Details	AU Small Finance Bank Limited Zirakpur AUBL0002479

Location	Mohali, Zirakpur
City	Mohali
District	Zirakpur
State	Punjab
Pincode
Country	IN
Address	Ground floor,shop no10-11 raksha business center,ambala-chandigarh highway zirakpur,district mohali,punjab

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 160765008 for Zirakpur 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 160765008 of AU Small Finance Bank, Zirakpur branch makes the system almost error free and faster. Use of AU Small Finance Bank MICR codes for Zirakpur 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 -

>>Zirakpur

MICR code for AU Bank Zirakpur

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 Zirakpur 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. 160765008 is the MICR code of AU Finance Bank for Zirakpur branch. MICR code for Zirakpur 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 Zirakpur is presented in the table alongside.

Use of AU Small Finance Bank MICR code for Zirakpur branch in mohali

The MICR code 160765008 is used in RBI cheque clearing process to identify the branch Zirakpur 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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