Equitas Bank Trichy Trichy Tamil Nadu MICR CODE

Find MICR Codes for Equitas Bank Trichy Trichy Tamil Nadu

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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 Melarajividi Pudukkottai
Contact 0
Bank Details Equitas Small Finance Bank Limited Melarajividi Pudukkottai ESFB0001316
Location Trichy, Trichy
City Trichy
District Trichy
State Tamil Nadu
Pincode 622001
Country IN
Address Ts no 2238 m.a.m complex second floor, south main street, pudukkottai-622001
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 Melarajividi Pudukkottai 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, Melarajividi Pudukkottai branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Melarajividi Pudukkottai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Equitas Bank Melarajividi Pudukkottai

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 Melarajividi Pudukkottai 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 Melarajividi Pudukkottai branch. MICR code for Melarajividi Pudukkottai 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 Melarajividi Pudukkottai is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Melarajividi Pudukkottai branch in trichy

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