ESAF Bank Bengaluru Bengaluru Jp Nagar Karnataka MICR CODE

Find MICR Codes for ESAF Bank Bengaluru Bengaluru Jp Nagar 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 Jp Nagar
Contact 0
Bank Details ESAF Small Finance Bank Limited Bengaluru Jp Nagar ESMF0001613
Location Bengaluru, Bengaluru Jp Nagar
City Bengaluru
District Bengaluru Jp Nagar
State Karnataka
Pincode 560078
Country IN
Address No 135 5, 15th cross, 100 ft ring road, 3rd phase, j p nagar po, bangalore, karnataka 560078
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 560760006 for Bengaluru Jp Nagar 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 560760006 of ESAF Finance Bank, Bengaluru Jp Nagar branch makes the system almost error free and faster. Use of ESAF Finance Bank MICR codes for Bengaluru Jp Nagar 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 Jp Nagar

MICR code for ESAF Bank Bengaluru Jp Nagar

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 Jp Nagar 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. 560760006 is the MICR code of ESAF Small Bank for Bengaluru Jp Nagar branch. MICR code for Bengaluru Jp Nagar 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 Jp Nagar is presented in the table alongside.

Use of ESAF Finance Bank MICR code for Bengaluru Jp Nagar branch in bengaluru

The MICR code 560760006 is used in RBI cheque clearing process to identify the branch Bengaluru Jp Nagar 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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