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Equitas Bank Chamarajnagar Chamarajnagar Karnataka MICR CODE

Find MICR Codes for Equitas Bank Chamarajnagar Chamarajnagar Karnataka

MICR Code
Bank Equitas Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Siddarayanapura
Contact 30898015
Bank Details Equitas Small Finance Bank Limited Siddarayanapura ESFB0003009
Location Chamarajnagar, Chamarajnagar
City Chamarajnagar
District Chamarajnagar
State Karnataka
Pincode 571440
Country IN
Address No 465, siddaiahnapura village, survey no 241/8, siddaiah napuri gramapanchayath, kollegaltaluk, chamarajanagara district, 571440
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 571756452 for Siddarayanapura 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 571756452 of Equitas Bank Small Finance Bank, Siddarayanapura branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Siddarayanapura 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 Siddarayanapura

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 Siddarayanapura 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. 571756452 is the MICR code of Equitas Bank for Siddarayanapura branch. MICR code for Siddarayanapura 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 Siddarayanapura is presented in the table alongside.

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

The MICR code 571756452 is used in RBI cheque clearing process to identify the branch Siddarayanapura 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.