Equitas Bank West Delhi West Delhi New Delhi MICR CODE

Find MICR Codes for Equitas Bank West Delhi West Delhi New Delhi

MICR Code
Bank Equitas Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajouri Garden
Contact 30898015
Bank Details Equitas Small Finance Bank Limited Rajouri Garden ESFB0020006
Location West Delhi, West Delhi
City West Delhi
District West Delhi
State New Delhi
Pincode
Country IN
Address -3a, rajourigarden, newdelhi-0027
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 110756011 for Rajouri Garden 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 110756011 of Equitas Bank Small Finance Bank, Rajouri Garden branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Rajouri Garden branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Patel Nagar >>Rajouri Garden

MICR code for Equitas Bank Rajouri Garden

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 Rajouri Garden 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. 110756011 is the MICR code of Equitas Bank for Rajouri Garden branch. MICR code for Rajouri Garden 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 Rajouri Garden is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Rajouri Garden branch in west delhi

The MICR code 110756011 is used in RBI cheque clearing process to identify the branch Rajouri Garden 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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