Equitas Bank Ariyalur Ariyalur Tamil Nadu MICR CODE

Find MICR Codes for Equitas Bank Ariyalur Ariyalur Tamil Nadu

MICR Code
Bank Equitas Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajaji Nagar Ariyalur
Contact
Bank Details Equitas Small Finance Bank Limited Rajaji Nagar Ariyalur ESFB0001225
Location Ariyalur, Ariyalur
City Ariyalur
District Ariyalur
State Tamil Nadu
Pincode 621713
Country IN
Address No 19 b2,keeraikara street,rajaji nagar,land mark back side of anubha gas agency,ariyalur-621713
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 0 for Rajaji Nagar Ariyalur 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 0 of Equitas Bank Small Finance Bank, Rajaji Nagar Ariyalur branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Rajaji Nagar Ariyalur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Ariyalur >>Chinnavalyam >>Jayankondam >>Rajaji Nagar Ariyalur

MICR code for Equitas Bank Rajaji Nagar Ariyalur

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 Rajaji Nagar Ariyalur 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. 0 is the MICR code of Equitas Bank for Rajaji Nagar Ariyalur branch. MICR code for Rajaji Nagar Ariyalur 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 Rajaji Nagar Ariyalur is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Rajaji Nagar Ariyalur branch in ariyalur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rajaji Nagar Ariyalur 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.

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