Equitas Bank Shimoga Shimoga Karnataka MICR CODE

Find MICR Codes for Equitas Bank Shimoga Shimoga Karnataka

MICR Code: 577756203
Bank: Equitas Small Finance Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Shivamogga
Contact: 30898015
Bank Details: Equitas Small Finance Bank Limited Shivamogga ESFB0003023
Location: Shimoga, Shimoga
City: Shimoga
District: Shimoga
State: Karnataka
Pincode:
Country: IN
Address: NO.391-2605,BH ROAD,BESIDE ARVIND MOTORS,SHIMOGA - 577201
MICR Code: 577756202
Bank: Equitas Small Finance Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Hole Hanaswadi
Contact: 30898015
Bank Details: Equitas Small Finance Bank Limited Hole Hanaswadi ESFB0003008
Location: Shimoga, Shimoga
City: Shimoga
District: Shimoga
State: Karnataka
Pincode:
Country: IN
Address: SHIMOGA HONNALI ROAD,MELINA HANASWADI POST,SHIMOGA - 577216
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.

Search Equitas Bank MICR Codes in shimoga

You can search through MICR Codes of Karnataka branches in shimoga of District shimoga in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

Equitas Small Finance Bank Limited branches with micr codes are available in 1 cities-

>>Shimoga

How to find MICR codes for Equitas Bank in shimoga?

Equitas Bank shimoga MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Equitas Bank Small Finance Bank MICR codes list for shimoga, one can further search by branch name specified in the table. You can find MICR codes for all Equitas Bank shimoga branches.

Equitas Bank Small Finance Bank MICR code in shimoga

Equitas Bank MICR code is a character recognition technology used by banks in the processing of cheques. Equitas Bank Small Finance Bank MICR code for shimoga branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Eqitas Bank branches in shimoga, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Eqitas Bank MICR code for shimoga branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Equitas Bank shimoga branch, sprinted 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. Thus MICR code for Equitas Bank Small Finance Bank shimoga branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Eqitas Bank MICR codes for shimoga branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!