Equitas Bank Villupuram Villupuram Tamil Nadu MICR CODE

Find MICR Codes for Equitas Bank Villupuram Villupuram 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 Neelamangalam Kallakurichi
Contact
Bank Details Equitas Small Finance Bank Limited Neelamangalam Kallakurichi ESFB0001301
Location Villupuram, Villupuram
City Villupuram
District Villupuram
State Tamil Nadu
Pincode 606203
Country IN
Address 149/11, kamalam complex, first floor, thurgam road, neelamangalam, kallakurichi 606203
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 Neelamangalam Kallakurichi 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, Neelamangalam Kallakurichi branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Neelamangalam Kallakurichi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Gingee >>Jayapuram Tindivanam >>Kallakurichi >>Kazura Garden Tirukkoyilur >>Kk Road Villupuram >>Neelamangalam Kallakurichi >>Tindivanam >>Valavanur >>Villupuram

MICR code for Equitas Bank Neelamangalam Kallakurichi

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 Neelamangalam Kallakurichi 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 Neelamangalam Kallakurichi branch. MICR code for Neelamangalam Kallakurichi 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 Neelamangalam Kallakurichi is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Neelamangalam Kallakurichi branch in villupuram

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