Equitas Bank Jagitial Jagitial A Telangana MICR CODE

Find MICR Codes for Equitas Bank Jagitial Jagitial A Telangana

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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 Jagitial A
Contact 0
Bank Details Equitas Small Finance Bank Limited Jagitial A ESFB0005017
Location Jagitial, Jagitial A
City Jagitial
District Jagitial A
State Telangana
Pincode 505327
Country IN
Address No.1-5-52/10/a opposite to nandini paints,aravinda nagar,jagtial,telangana-505327
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 Jagitial 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, Jagitial A branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Jagitial 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 -

>>Jagitial A

MICR code for Equitas Bank Jagitial 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 Jagitial 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 Jagitial A branch. MICR code for Jagitial 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 Jagitial A is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Jagitial A branch in jagitial

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