Fino Payments Bank Auto Nagar
Auto Nagar · Shahdol, Andhra Pradesh
500771002 is the MICR code for the Auto Nagar branch of Fino Payments Bank, located in Shahdol, Andhra 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 FINO0001112.
Bank
Fino Payments Bank
Branch & Address
Auto Nagar
D.no.66-1-1a, Plot no 32c/396, Ward no 27a, Sivalayam Street, Ntr Circle, Patamata, Krishna Dist.vijaywada, Ap -520010
Shahdol, Vijaywada, Andhra Pradesh
Contact
+917680806242MICR Code Structure
500
City
771
Bank
002
Branch
City code 500 identifies the RBI clearing centre, bank code 771 identifies Fino Payments Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other banks in Shahdol, Andhra 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 (FINO0001112) 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 500771002 is in the middle, and your account number is on the right.