ESAF Bank Bengaluru Bengaluru Hsr Layout Karnataka MICR CODE

Find MICR Codes for ESAF Bank Bengaluru Bengaluru Hsr Layout Karnataka

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MICR Code
Bank ESAF Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bengaluru Hsr Layout
Contact 0
Bank Details ESAF Small Finance Bank Limited Bengaluru Hsr Layout ESMF0001604
Location Bengaluru, Bengaluru Hsr Layout
City Bengaluru
District Bengaluru Hsr Layout
State Karnataka
Pincode 560102
Country IN
Address Door no 1318,24th main road,sector 2,parangipalya,bengaluru karnataka 560102
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 Bengaluru Hsr 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 0 of ESAF Finance Bank, Bengaluru Hsr Layout branch makes the system almost error free and faster. Use of ESAF Finance Bank MICR codes for Bengaluru Hsr 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 Hsr Layout

MICR code for ESAF Bank Bengaluru Hsr 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 Hsr 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. 0 is the MICR code of ESAF Small Bank for Bengaluru Hsr Layout branch. MICR code for Bengaluru Hsr 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 Hsr Layout is presented in the table alongside.

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

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bengaluru Hsr 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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