Let Others Know

Equitas Bank Belagavi Belagavi Karnataka MICR CODE

Find MICR Codes for Equitas Bank Belagavi Belagavi Karnataka

Bank
State
District
City
Branch
Address

MICR Code	590756002
Bank	Equitas 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	Belagavi
Contact	30898015
Bank Details	Equitas Small Finance Bank Limited Belagavi ESFB0003016

Location	Belagavi, Belagavi
City	Belagavi
District	Belagavi
State	Karnataka
Pincode
Country	IN
Address	To52, ongressroad, tilakwadi, belagavi

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 590756002 for Belagavi 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 590756002 of Equitas Bank Small Finance Bank, Belagavi branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Belagavi 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 -

>>Belagavi

MICR code for Equitas Bank Belagavi

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 Belagavi 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. 590756002 is the MICR code of Equitas Bank for Belagavi branch. MICR code for Belagavi 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 Belagavi is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Belagavi branch in belagavi

The MICR code 590756002 is used in RBI cheque clearing process to identify the branch Belagavi 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.