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Equitas Bank Ajmer Ajmer Rajasthan MICR CODE

Find MICR Codes for Equitas Bank Ajmer Ajmer Rajasthan

MICR Code
Bank Equitas Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ajmer
Contact 30898017
Bank Details Equitas Small Finance Bank Limited Ajmer ESFB0016010
Location Ajmer, Ajmer
City Ajmer
District Ajmer
State Rajasthan
Pincode
Country IN
Address Yjrjh3.
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 305756003 for Ajmer 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 305756003 of Equitas Bank Small Finance Bank, Ajmer branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Ajmer branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Adarsh Nagar Ajmer >>Ajmer >>Beawar >>Kekri >>Kishangarh >>Lohagal >>Udaipur Road Beawar >>Vinayak Complex Kishangarh

MICR code for Equitas Bank Ajmer

Equitas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Equitas Bank Small Finance Bank MICR code for Ajmer 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. 305756003 is the MICR code of Equitas Bank for Ajmer branch. MICR code for Ajmer 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 Equitas Bank Small Finance Bank Ajmer is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Ajmer branch in ajmer

The MICR code 305756003 is used in RBI cheque clearing process to identify the branch Ajmer and Equitas Bank 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 Equitas Bank is typically in either of these two font’s: E-138 and CMC-7.