Equitas Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Equitas Bank Pune Pune Maharashtra

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MICR Code	411756008
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	Narhe
Contact	30898017
Bank Details	Equitas Small Finance Bank Limited Narhe ESFB0009055

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411041
Country	IN
Address	Upper ground floor shop 1 2 3 4 5,s no 46/2 chakankar corner,narhe maharashtra-411041

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 411756008 for Narhe 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 411756008 of Equitas Bank Small Finance Bank, Narhe branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Narhe branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Akurdi Branch >>Baner >>Daund >>Dhankawadi Branch >>Gopalwadi Road Daund Branch >>Hadapsar Branch >>Kalewadi Branch >>Karve Road Branch >>Khadki Branch >>Khopoli Branch >>Kothrud >>Lonavala >>Manchar Branch >>Market Yard >>Narhe >>Nighotwadi >>Pimpri >>Talegaon

MICR code for Equitas Bank Narhe

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 Narhe 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. 411756008 is the MICR code of Equitas Bank for Narhe branch. MICR code for Narhe 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 Narhe is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Narhe branch in pune

The MICR code 411756008 is used in RBI cheque clearing process to identify the branch Narhe 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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