ESAF Bank Delhi North West Delhi New Delhi MICR CODE

Find MICR Codes for ESAF Bank Delhi North West Delhi New Delhi

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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 New Delhi Rohini
Contact 0
Bank Details ESAF Small Finance Bank Limited New Delhi Rohini ESMF0001179
Location Delhi, North West Delhi
City Delhi
District North West Delhi
State New Delhi
Pincode
Country IN
Address No15,block and pocket f 26,sector 7,rohini,delhi
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 New Delhi Rohini 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, New Delhi Rohini branch makes the system almost error free and faster. Use of ESAF Finance Bank MICR codes for New Delhi Rohini 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 -

>>New Delhi Rohini

MICR code for ESAF Bank New Delhi Rohini

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 New Delhi Rohini 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 New Delhi Rohini branch. MICR code for New Delhi Rohini 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 New Delhi Rohini is presented in the table alongside.

Use of ESAF Finance Bank MICR code for New Delhi Rohini branch in delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch New Delhi Rohini 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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