ESAF Bank Purasaiwalkam Chennai Tamil Nadu MICR CODE

Find MICR Codes for ESAF Bank Purasaiwalkam Chennai Tamil Nadu

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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 Chennaipurasawalkam
Contact 0
Bank Details ESAF Small Finance Bank Limited Chennaipurasawalkam ESMF0001223
Location Purasaiwalkam, Chennai
City Purasaiwalkam
District Chennai
State Tamil Nadu
Pincode 600084
Country IN
Address Mjrk tower,ground floor premices no 8,re survey no740,1,old sv no285 part doc no2852 of purasawalkam sro opposite gangadeswara koil purasawalkam gangadeswara koil street chennai corporation600084
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.

Search ESAF Bank MICR Codes in chennai

You can search through MICR Codes of Tamil Nadu branches in purasaiwalkam of District chennai in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Chennaipurasawalkam

How to find MICR codes for ESAF Bank in purasaiwalkam?

ESAF Bank purasaiwalkam MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From ESAF Finance Bank MICR codes list for purasaiwalkam, one can further search by branch name specified in the table. You can find MICR codes for all ESAF Bank purasaiwalkam branches.

ESAF Finance Bank MICR code in purasaiwalkam

ESAF Bank MICR code is a character recognition technology used by banks in the processing of cheques. ESAF Finance Bank MICR code for purasaiwalkam branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for ESAF Small Bank branches in purasaiwalkam, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does ESAF Small Bank MICR code for purasaiwalkam branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a ESAF Bank purasaiwalkam branch, sprinted 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. Thus MICR code for ESAF Finance Bank purasaiwalkam branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of ESAF Small Bank MICR codes for purasaiwalkam branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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