ESAF Bank Alappuzha Alappuzha Kerala MICR CODE

Find MICR Codes for ESAF Bank Alappuzha Alappuzha Kerala

↻ Reload
MICR Code
Bank ESAF Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cherthala
Contact 0
Bank Details ESAF Small Finance Bank Limited Cherthala ESMF0001189
Location Alappuzha, Alappuzha
City Alappuzha
District Alappuzha
State Kerala
Pincode 688524
Country IN
Address Jt trade centre,near x ray junction,tsc road,alleppy cherthala road,alleppy688524
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 Cherthala 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, Cherthala branch makes the system almost error free and faster. Use of ESAF Finance Bank MICR codes for Cherthala 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 -

>>Cherthala

MICR code for ESAF Bank Cherthala

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 Cherthala 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 Cherthala branch. MICR code for Cherthala 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 Cherthala is presented in the table alongside.

Use of ESAF Finance Bank MICR code for Cherthala branch in alappuzha

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

Copied!