ESAF Bank North East Delhi New Delhi Yamuna Vihar New Delhi MICR CODE

Find MICR Codes for ESAF Bank North East Delhi New Delhi Yamuna Vihar New Delhi

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MICR Code
Bank ESAF Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Delhi Yamuna Vihar
Contact 11-9288092604
Bank Details ESAF Small Finance Bank Limited New Delhi Yamuna Vihar ESMF0001903
Location North East Delhi, New Delhi Yamuna Vihar
City North East Delhi
District New Delhi Yamuna Vihar
State New Delhi
Pincode 110053
Country IN
Address Yamuna vihar, yamuna vihar p o, north east delhi dist, new delhi, 110053
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 New Delhi Yamuna Vihar 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, New Delhi Yamuna Vihar branch makes the system almost error free and faster. Use of ESAF Finance Bank MICR codes for New Delhi Yamuna Vihar 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 -

>>New Delhi Yamuna Vihar

MICR code for ESAF Bank New Delhi Yamuna Vihar

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 New Delhi Yamuna Vihar 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 New Delhi Yamuna Vihar branch. MICR code for New Delhi Yamuna Vihar 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 New Delhi Yamuna Vihar is presented in the table alongside.

Use of ESAF Finance Bank MICR code for New Delhi Yamuna Vihar branch in north east delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch New Delhi Yamuna Vihar 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.

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