Equitas Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Equitas Bank Mumbai Mumbai Maharashtra

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MICR Code
Bank Equitas Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Andheri
Contact 0
Bank Details Equitas Small Finance Bank Limited Andheri ESFB0009120
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400059
Country IN
Address Unit no 3,town centre,andheri kurla road,mittal industrial estate,marol,andheri east,mumbai,maharastra -400059
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 400756012 for Andheri 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 400756012 of Equitas Bank Small Finance Bank, Andheri branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Andheri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Andheri >>Andheri W >>Boisar >>Borivali >>Borivali West >>Chembur >>Dombivali >>Ghatkopar >>Goregaon >>Goregaon East >>Kalamboli >>Malad >>Mira Road >>Mulund West >>Navi Mumbainerul >>Professor Colony >>Vile Parle

MICR code for Equitas Bank Andheri

Equitas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Equitas Bank Small Finance Bank MICR code for Andheri 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. 400756012 is the MICR code of Equitas Bank for Andheri branch. MICR code for Andheri 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 Equitas Bank Small Finance Bank Andheri is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Andheri branch in mumbai

The MICR code 400756012 is used in RBI cheque clearing process to identify the branch Andheri and Equitas Bank Small 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 Equitas Bank is typically in either of these two font’s: E-138 and CMC-7.

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