ESAF Bank Bengaluru Bengaluru Hbr Layout Karnataka MICR CODE

Find MICR Codes for ESAF Bank Bengaluru Bengaluru Hbr Layout Karnataka

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MICR Code	560760005
Bank	ESAF 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	Bengaluru Hbr Layout
Contact	0
Bank Details	ESAF Small Finance Bank Limited Bengaluru Hbr Layout ESMF0001620

Location	Bengaluru, Bengaluru Hbr Layout
City	Bengaluru
District	Bengaluru Hbr Layout
State	Karnataka
Pincode	560043
Country	IN
Address	No 638 669 g, msr icon, 1st stage, 1st main, hennur bellary road, near hbr bda complex, hbr layout, bengaluru, karnataka 560043

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 560760005 for Bengaluru Hbr Layout 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 560760005 of ESAF Finance Bank, Bengaluru Hbr Layout branch makes the system almost error free and faster. Use of ESAF Finance Bank MICR codes for Bengaluru Hbr Layout branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of ESAF Small Finance Bank Limited are available with micr code -

>>Bengaluru Hbr Layout

MICR code for ESAF Bank Bengaluru Hbr Layout

ESAF Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ESAF Finance Bank MICR code for Bengaluru Hbr Layout 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. 560760005 is the MICR code of ESAF Small Bank for Bengaluru Hbr Layout branch. MICR code for Bengaluru Hbr Layout 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 ESAF Finance Bank Bengaluru Hbr Layout is presented in the table alongside.

Use of ESAF Finance Bank MICR code for Bengaluru Hbr Layout branch in bengaluru

The MICR code 560760005 is used in RBI cheque clearing process to identify the branch Bengaluru Hbr Layout and ESAF 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 ESAF Small Bank is typically in either of these two font’s: E-138 and CMC-7.

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