Equitas Bank Hassan Hassan Karnataka MICR CODE

Find MICR Codes for Equitas Bank Hassan Hassan Karnataka

MICR Code: 573756302
Bank: Equitas Small Finance Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Hassan
Contact: 30898015
Bank Details: Equitas Small Finance Bank Limited Hassan ESFB0003021
Location: Hassan, Hassan
City: Hassan
District: Hassan
State: Karnataka
Pincode:
Country: IN
Address: N O-12-3-574-322,ARYABHATTA ROAD,RING ROAD,JAYANAGAR,HASSAN -573201
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 573756302 for Hassan 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 573756302 of Equitas Bank Small Finance Bank, Hassan branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Hassan 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 -

>>Hassan

MICR code for Equitas Bank Hassan

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 Hassan 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. 573756302 is the MICR code of Eqitas Bank for Hassan branch. MICR code for Hassan 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 Hassan is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Hassan branch in hassan

The MICR code 573756302 is used in RBI cheque clearing process to identify the branch Hassan 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.