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Equitas Bank Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for Equitas Bank Udaipur Udaipur Rajasthan

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Equitas Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vakil Colony Udaipur
Contact
Bank Details	Equitas Small Finance Bank Limited Vakil Colony Udaipur ESFB0016059

Location	Udaipur, Udaipur
City	Udaipur
District	Udaipur
State	Rajasthan
Pincode	313001
Country	IN
Address	210-a vakil colony near alok school hiran mangri sector 11,udaipur - 313001

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 Vakil Colony Udaipur 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, Vakil Colony Udaipur branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Vakil Colony Udaipur 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 -

>>Udaipur >>Vakil Colony Udaipur

MICR code for Equitas Bank Vakil Colony Udaipur

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 Vakil Colony Udaipur 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 Vakil Colony Udaipur branch. MICR code for Vakil Colony Udaipur 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 Vakil Colony Udaipur is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Vakil Colony Udaipur branch in udaipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vakil Colony Udaipur 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.