Equitas Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Equitas Bank Faridabad Faridabad Haryana

MICR Code: 110756003
Bank: Equitas Small Finance Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Faridabad
Contact: 30898015
Bank Details: Equitas Small Finance Bank Limited Faridabad ESFB0011002
Location: Faridabad, Faridabad
City: Faridabad
District: Faridabad
State: Haryana
Pincode:
Country: IN
Address: H.NO -5-B-05,B.P,NIT,FARIDABAD,HARYANA
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 110756003 for Faridabad 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 110756003 of Equitas Bank Small Finance Bank, Faridabad branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Faridabad 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 -

>>Faridabad

MICR code for Equitas Bank Faridabad

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 Faridabad 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. 110756003 is the MICR code of Eqitas Bank for Faridabad branch. MICR code for Faridabad 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 Faridabad is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Faridabad branch in faridabad

The MICR code 110756003 is used in RBI cheque clearing process to identify the branch Faridabad 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 Eqitas Bank is typically in either of these two font’s: E-138 and CMC-7.