Let Others Know

ESAF Bank Bhilai Durg Bhilai Chhattisgarh MICR CODE

Find MICR Codes for ESAF Bank Bhilai Durg Bhilai Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	ESAF Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhilai
Contact
Bank Details	ESAF Small Finance Bank Limited Bhilai ESMF0001245

Location	Bhilai Durg, Bhilai
City	Bhilai Durg
District	Bhilai
State	Chhattisgarh
Pincode	490011
Country	IN
Address	Ground floor,shanti palza,near maa ambey hospital,power house,g e road,bhilai,durg,chhattisgarh 490011

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 0 for Bhilai 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 0 of ESAF Finance Bank, Bhilai branch makes the system almost error free and faster. Use of ESAF Finance Bank MICR codes for Bhilai branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Bhilai

MICR code for ESAF Bank Bhilai

ESAF Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ESAF Finance Bank MICR code for Bhilai 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. 0 is the MICR code of ESAF Small Bank for Bhilai branch. MICR code for Bhilai 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 ESAF Finance Bank Bhilai is presented in the table alongside.

Use of ESAF Finance Bank MICR code for Bhilai branch in bhilai durg

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhilai and ESAF 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 ESAF Small Bank is typically in either of these two font’s: E-138 and CMC-7.