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Equitas Bank Bathinda Bathinda Punjab MICR CODE

Find MICR Codes for Equitas Bank Bathinda Bathinda Punjab

MICR Code
Bank Equitas Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bathinda
Contact 30898015
Bank Details Equitas Small Finance Bank Limited Bathinda ESFB0015007
Location Bathinda, Bathinda
City Bathinda
District Bathinda
State Punjab
Pincode 151001
Country IN
Address Walia complex,no.17823,opposite clock tower,main bibi wala road chowk,bathinda-151001
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 151756002 for Bathinda 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 151756002 of Equitas Bank Small Finance Bank, Bathinda branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Bathinda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Bathinda >>Feet Road Bathinda

MICR code for Equitas Bank Bathinda

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 Bathinda 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. 151756002 is the MICR code of Equitas Bank for Bathinda branch. MICR code for Bathinda 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 Bathinda is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Bathinda branch in bathinda

The MICR code 151756002 is used in RBI cheque clearing process to identify the branch Bathinda 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.