Equitas Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Equitas Bank Nagpur Nagpur 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	Ca Road
Contact	0
Bank Details	Equitas Small Finance Bank Limited Ca Road ESFB0009158

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode
Country	IN
Address	Dfcrddshttng-008

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 Ca Road 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, Ca Road branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Ca Road 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 Ca Road

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

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

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