AU Small Finance Bank IFSC Code and MICR Code

Find AU Small Finance Bank IFSC Code, MICR Code and branch details for NEFT, RTGS & IMPS transactions.

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AU Small Finance Bank IFSC Code, MICR Code and SWIFT Code

Online fund transfer has become one of the dominant modes of internet banking. IFSC code in this regard plays a vital role because, without it, online fund transfers like NEFT and IMPS won't be possible. Likewise, the AU Small Finance Bank IFSC code is an essential tool for online transactions. 

IFSC or the Indian Financial System Code is an alphanumeric code assigned to each Indian bank. Each branch of AU Small Finance Bank comes with its individual IFSC code like all other banks, and each code corresponds to the branch location. 

Other than the IFSC code, the MICR code holds equal importance. While the IFSC code is required for electronic fund transfers, MICR is needed during cheque clearance. This blog discusses IFSC, MICR, and all the electronic fund transfer systems in detail, along with other important information about AU Small Finance Bank; hence, make sure you follow the guide to the bottom. Let's begin-

AU Small Finance Bank IFSC code 

IFSC code is a unique identification number containing both numbers and alphabets. AU Small Finance Bank IFSC code is an eleven-character code; the first four characters are letters that represent the bank name, the fifth character is zero, and the last six characters correspond to the branch location. 

AU Small Finance Bank IFSC code

For instance, the AU Small Finance Bank Karol Bagh Delhi branch IFSC code is- AUBL0002103. Here the first four letters, "AUBL," stands for the bank, the fifth code is zero, and the remaining number, "002103", represents the Karol Bagh branch. 

When do you need the IFSC code? You will need the IFSC code during any online fund transfer methods like NEFT, IMPS, and RTGS. As discussed earlier, the IFSC code initiates error-free online banking. 

 

AU Small Finance Bank MICR code 

Magnetic Ink Character Recognition is a technology applied for printing. MICR code helps in verifying the legality of cheques and in their fast processing. AU Small Finance Bank MICR code is a nine-digit code containing numerics only. Reserve Bank of India has assigned each branch of a bank with its unique MICR code to speed up the cheque clearing process. 

The MICR code for the AU Small Finance Bank Ajmer branch is 305765003. Likewise, different branch locations have different MICR codes, which helps in locating the branch. You can find the MICR code in your bank checkbook and also in the passbook and also in the internet banking platforms.

How to Find AU Small Finance Bank IFSC code and MICR code?

For any form of internet banking, you will need the AU Small Finance Bank IFSC code and the MICR codes. Finding these codes is pretty easy, and there are multiple sources to get them from. Let's learn about these sources one by one-

How to Find AU Small Finance Bank IFSC code and MICR code?

There are so many online IFSC and MICR code-finding tools online, and one of them is to find your bank. You can get these codes from the find your bank website by following these simple steps- 

  • Visit https://findyourbank.in/ website
  • On their homepage, you will have to fill in four boxes which say - select bank, state, district, and branch. 
  • After you select the respective options, the IFSC and MICR code for the required location will pop up. 

Find Your Bank also provides their smartphone application. You can download that too for easy accessibility of these codes. 

Chequebook 

The checkbook is another source for finding the AU Small Finance Bank IFSC code and MICR code. Look for these codes at the bottom and top part of your cheque book. 

AU Small Finance Bank Passbook

Get the AU Small Finance Bank IFSC and MICR codes through your AU Bank account passbook. 

Online banking platforms 

Online banking platforms come with all necessary information, and this is also true for IFSC and MICR codes. You can search for these codes on the AU Small Finance Bank website and mobile app. 

Reserve Bank of India Website 

The Reserve Bank of India has the IFSC and MICR codes of all the banks; hence, you can look the same there as well. 

Call AU Bank's Customer Care

If you have failed to find the IFSC and MICR codes of AU Small Finance Bank via other sources like a chequebook, passbook, and websites, you can ring up the customer care team of the bank. It is also a very easy and convenient way to get the codes. 

How to Transfer Money through AU Small Bank NEFT, RTGS, and IMPS process?

AU Small Finance Bank offers easy online fund transfer methods like NEFT, IMPS and RTGS. Let's learn how to utilize each method for transferring funds. 

How to Transfer Money through AU Small Bank NEFT, RTGS, and IMPS process?

NEFT 

National Electronic Fund Transfer (NEFT) has become one of the most popular fund transfer methods. Using this method, you can transfer funds either to the same bank branches or other bank branches. 

To send money through NEFT, you will need the following documents/ data. 

  • Beneficiary name
  • Account number 
  • Bank name
  • Branch name 
  • IFSC code
  • Amount to be transferred

The time for NEFT fund transfer is 8 AM to 5 PM on both weekdays and holidays. 

IMPS

IMPS or Immediate Payment Service is for those who want to send money instantly. The IMPS fund transfer mode was introduced in India in 2010, and to avail of this transfer mode, you need to register your mobile number and get your MMID (Mobile Money Identifier) from AU Small Finance Bank. 

The IMPS service of AU Small Finance Bank is available 24*7 all-round the year, including Sundays and bank holidays. To send money through IMPS, you will need- 

  • Beneficiary MMID number 
  • Sender's MMID
  • Sender's mobile number 
  • Beneficiary account number 
  • Beneficiary IFSC code 
  • Beneficiary AADHAR number 

By following these steps, you can send money through the IMPS process. 

RTGS 

RTGS or Real Time Gross Settlement is used for transferring high amounts of funds domestically. The minimum amount for RTGS fund transfer is two lakhs. RTGS is available from 8 AM to 5 PM from Monday to Saturday. You need to follow the same steps and need the same documents to send money through RTGS. 

Additionally, there are a few other details you should know about each of these fund transfer methods. Let's look into these in tabular form. 

Transfer mode Transaction limit Charges
NEFT None

Rs. 2.50 for transactions upto Rs. 10,000

Rs. 5 for transaction above 10,000 to Rs. 1,00,000

Rs. 15 for transaction between 1,00,001 to 2,00,000

Rs. 25 for transaction above Rs. 2,00,000

IMPS

For account number based transactions maximum limit is Rs. 2 lakh per transaction.

For MMID based ones the maximum limit is Rs. 5000 per transaction

IMPS mode charges Rs. 5 per transaction irrespective of the amount
RTGS

Minimum limit- Rs. 2,00,000

No maximum limit

Rs. 25 for transaction upto Rs. 5,00,000

Rs. 50 for transaction above Rs.5,00,000

 

About AU Small Finance Bank 

AU Small Finance Bank was initiated by Indian entrepreneur Sanjay Agarwal. It first started as a vehicle finance company in 1996 and was converted to AU Small Finance Bank on 19th April 2017. The bank has its headquarters in Jaipur, Rajasthan. The bank currently has 361 branches in 12 states in India. The bank provides all electronic fund transfer modes except the SWIFT method. 

About AU Small Finance Bank

AU Small Finance Bank offers all types of banking accounts like savings accounts, current accounts, etc. The interest rates of the AU Small Finance account as per the balance are as follows-

Balance Rate of Interest
Upto 1 lakh 3.50% p.a.
Rs. 1 lakh to 10 Lakh 5.00% p.a.
Rs 10 Lakhs to 25 crores 6.00% p.a
Rs. 2 crores to less than Rs. 10 crores 6.00% p.a
Balance from Rs. 25 Lakhs to Rs. 2 crore 7.00% p.a

 

You'll need the documents mentioned below to open an account in AU Small Finance Bank,

  • Passport sized photo
  • Identity verification proof- Voter ID, PAN Card, Passport, Aadhar card etc
  • Address proof- Telephone bill, electricity bill, Voter ID etc
  • Duly filled application form

FAQs

1) Which is the headquarter of AU Small Finance Bank?

The headquarter of AU Small Finance Bank is located in Jaipur, Rajasthan. 

2) Is AU Small Finance Bank Safe? 

Yes, AU Small Finance Bank is absolutely safe. The bank has been successfully operating since 2017 and has been ranked 355 under Fortune India 500 (2019) companies. 

3) When do you need the AU Small Finance Bank IFSC code?

You will need the AU Small Finance Bank IFSC code during any online fund transfers like NEFT and RTGS, and IMPS. 

4) Is it safe to tell IFSC codes to others?

Yes, you can tell IFSC code to others as it is required to identify branch location. Moreover, IFSC codes are available on various platforms like the RBI website, your bank's website and in the passbook and cheque book as well. 

5) What is the minimum balance requirement to open a savings account in AU Small Finance Bank? 

The minimum account balance for urban areas is Rs. 5000, and for rural areas is Rs. 2000 for savings accounts.