Equitas Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Equitas Bank Nagpur Nagpur 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 Bahadura
Contact 30898015
Bank Details Equitas Small Finance Bank Limited Bahadura ESFB0009040
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 441204
Country IN
Address Plot no.1,pandey complex,near new naka gonhi sim,umrer road,bahadura,nagpur district 440034
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 440756004 for Bahadura 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 440756004 of Equitas Bank Small Finance Bank, Bahadura branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Bahadura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Bahadura >>Ca Road >>Hingna Road Nagpur >>Kandri >>Katol >>Kingsway >>Mankapur Nagpur >>Pardi Nagpur >>Raghuji Nagar Nagpur >>Ramtek >>Saoner >>Shankar Nagar >>Shivnagar Kamptee >>Umred >>Waghoda

MICR code for Equitas Bank Bahadura

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 Bahadura 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. 440756004 is the MICR code of Equitas Bank for Bahadura branch. MICR code for Bahadura 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 Bahadura is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Bahadura branch in nagpur

The MICR code 440756004 is used in RBI cheque clearing process to identify the branch Bahadura 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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