Equitas Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Equitas Bank Coimbatore Coimbatore Tamil Nadu

MICR Code
Bank Equitas Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sivanpuram Colony Mettupalayam
Contact 0
Bank Details Equitas Small Finance Bank Limited Sivanpuram Colony Mettupalayam ESFB0001335
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641301
Country IN
Address 1st floor,sivanpuram colony, karamadai village,mettupalayam taluk, coimbatore-641301
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 Sivanpuram Colony Mettupalayam 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, Sivanpuram Colony Mettupalayam branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Sivanpuram Colony Mettupalayam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Equitas Bank Sivanpuram Colony Mettupalayam

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 Sivanpuram Colony Mettupalayam 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 Sivanpuram Colony Mettupalayam branch. MICR code for Sivanpuram Colony Mettupalayam 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 Sivanpuram Colony Mettupalayam is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Sivanpuram Colony Mettupalayam branch in coimbatore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sivanpuram Colony Mettupalayam 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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