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Equitas Bank Chichmagalur Chichmagalur Karnataka MICR CODE

Find MICR Codes for Equitas Bank Chichmagalur Chichmagalur Karnataka

MICR Code
Bank Equitas Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Birur
Contact 30898015
Bank Details Equitas Small Finance Bank Limited Birur ESFB0003010
Location Chichmagalur, Chichmagalur
City Chichmagalur
District Chichmagalur
State Karnataka
Pincode 577116
Country IN
Address Pushpa nilaya,no -2674/2605,railway station road,birur -577116 -kadur taluk,chickkamagalur dist
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 577756102 for Birur 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 577756102 of Equitas Bank Small Finance Bank, Birur branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Birur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Birur

MICR code for Equitas Bank Birur

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 Birur 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. 577756102 is the MICR code of Equitas Bank for Birur branch. MICR code for Birur 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 Birur is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Birur branch in chichmagalur

The MICR code 577756102 is used in RBI cheque clearing process to identify the branch Birur 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.