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ESAF Bank Nagalassery Palakkad Kerala MICR CODE

Find MICR Codes for ESAF Bank Nagalassery Palakkad Kerala

MICR Code
Bank ESAF Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagalassery
Contact
Bank Details ESAF Small Finance Bank Limited Nagalassery ESMF0001500
Location Nagalassery, Palakkad
City Nagalassery
District Palakkad
State Kerala
Pincode 679533
Country IN
Address Rs no 24,6,koottanad thrithala road,koottanad p o,679533
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.

Search ESAF Bank MICR Codes in palakkad

You can search through MICR Codes of Kerala branches in nagalassery of District palakkad in Kerala State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Nagalassery

How to find MICR codes for ESAF Bank in nagalassery?

ESAF Bank nagalassery MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From ESAF Finance Bank MICR codes list for nagalassery, one can further search by branch name specified in the table. You can find MICR codes for all ESAF Bank nagalassery branches.

ESAF Finance Bank MICR code in nagalassery

ESAF Bank MICR code is a character recognition technology used by banks in the processing of cheques. ESAF Finance Bank MICR code for nagalassery branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for ESAF Small Bank branches in nagalassery, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does ESAF Small Bank MICR code for nagalassery branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a ESAF Bank nagalassery branch, sprinted 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. Thus MICR code for ESAF Finance Bank nagalassery branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of ESAF Small Bank MICR codes for nagalassery branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!