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Equitas Bank Chamarajnagar Chamarajnagar Karnataka MICR CODE

Find MICR Codes for Equitas Bank Chamarajnagar Chamarajnagar Karnataka

Bank
State
District
City
Branch
Address

MICR Code	571756652
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	Gundlupet
Contact	30898015
Bank Details	Equitas Small Finance Bank Limited Gundlupet ESFB0003011

Location	Chamarajnagar, Chamarajnagar
City	Chamarajnagar
District	Chamarajnagar
State	Karnataka
Pincode	571111
Country	IN
Address	Uppi complex,bangalore nilgiri road,ashiwini lay out,gundulpet - 571111

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 571756652 for Gundlupet 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 571756652 of Equitas Bank Small Finance Bank, Gundlupet branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Gundlupet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Gundlupet >>Ramasamudram >>Siddarayanapura

MICR code for Equitas Bank Gundlupet

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 Gundlupet 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. 571756652 is the MICR code of Equitas Bank for Gundlupet branch. MICR code for Gundlupet 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 Gundlupet is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Gundlupet branch in chamarajnagar

The MICR code 571756652 is used in RBI cheque clearing process to identify the branch Gundlupet 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.