Equitas Bank Chittorgarh Chittorgarh Rajasthan MICR CODE

Find MICR Codes for Equitas Bank Chittorgarh Chittorgarh Rajasthan

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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 Bhilwara Road Chittorgarh
Contact
Bank Details Equitas Small Finance Bank Limited Bhilwara Road Chittorgarh ESFB0016043
Location Chittorgarh, Chittorgarh
City Chittorgarh
District Chittorgarh
State Rajasthan
Pincode 312001
Country IN
Address B-6,7 2nd frloor,subham the mall,bhilwara road chittorgarh 312001
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 Bhilwara Road Chittorgarh 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, Bhilwara Road Chittorgarh branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Bhilwara Road Chittorgarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Bhilwara Road Chittorgarh >>Chittorgarh >>Mal Godowan Road Nimbahera >>Nimbahera

MICR code for Equitas Bank Bhilwara Road Chittorgarh

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 Bhilwara Road Chittorgarh 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 Bhilwara Road Chittorgarh branch. MICR code for Bhilwara Road Chittorgarh 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 Bhilwara Road Chittorgarh is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Bhilwara Road Chittorgarh branch in chittorgarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhilwara Road Chittorgarh 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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