Equitas Bank Nagpur Ayodhya Nagar Vf A Maharashtra MICR CODE

Find MICR Codes for Equitas Bank Nagpur Ayodhya Nagar Vf A Maharashtra

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MICR Code	-NA-
Bank	Equitas Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ayodhya Nagar Vf A
Contact	-
Bank Details	Equitas Small Finance Bank Limited Ayodhya Nagar Vf A ESFB0009157

Location	Nagpur, Ayodhya Nagar Vf A
City	Nagpur
District	Ayodhya Nagar Vf A
State	Maharashtra
Pincode	440001
Country	IN
Address	At house no.316,4th floor,bhaskar enclave,behind mg house axis bank,civil lines nagpur -440001

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 Ayodhya Nagar Vf A 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 Equitas Bank Small Finance Bank, Ayodhya Nagar Vf A branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Ayodhya Nagar Vf A branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Ayodhya Nagar Vf A

MICR code for Equitas Bank Ayodhya Nagar Vf A

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 Ayodhya Nagar Vf A 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 Equitas Bank for Ayodhya Nagar Vf A branch. MICR code for Ayodhya Nagar Vf A 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 Ayodhya Nagar Vf A is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Ayodhya Nagar Vf A branch in nagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ayodhya Nagar Vf A 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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