Equitas Bank Bengaluru Rural Bengaluru Rural Karnataka MICR CODE

Find MICR Codes for Equitas Bank Bengaluru Rural Bengaluru Rural Karnataka

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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	Hoskote
Contact	0
Bank Details	Equitas Small Finance Bank Limited Hoskote ESFB0003109

Location	Bengaluru Rural, Bengaluru Rural
City	Bengaluru Rural
District	Bengaluru Rural
State	Karnataka
Pincode	562114
Country	IN
Address	Khwaja mansion mv extention,3rd cross college road opposite karnataka bank hoskote,banagalore rural-562114

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

>>Hoskote

MICR code for Equitas Bank Hoskote

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 Hoskote 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 Hoskote branch. MICR code for Hoskote 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 Hoskote is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Hoskote branch in bengaluru rural

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