AU Small Finance Bank Palasiya Road Chhindwara
Palasiya Road Chhindwara · Chhindwara, Madhya Pradesh
480765003 is the MICR code for the Palasiya Road Chhindwara branch of AU Small Finance Bank, located in Chhindwara, Madhya Pradesh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code AUBL0004716.
Bank
AU Small Finance Bank
Branch & Address
Palasiya Road Chhindwara
1st Floor, Chouksey Tower, Plot no 162, Near Lic Office, Parasiya Main Road,
Chhindwara, Chhindwara, Madhya Pradesh
MICR Code Structure
480
City
765
Bank
003
Branch
City code 480 identifies the RBI clearing centre, bank code 765 identifies AU Small Finance Bank, and branch code 003 identifies this specific branch.
Online Payment Methods Supported
Other AU Small Finance Bank branches near Chhindwara
Other banks in Chhindwara, Madhya Pradesh
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (AUBL0004716) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 480765003 is in the middle, and your account number is on the right.