Equitas Bank Patan Patan Gujarat MICR CODE

Find MICR Codes for Equitas Bank Patan Patan Gujarat

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MICR Code	384756081
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	Patan Main
Contact	30898017
Bank Details	Equitas Small Finance Bank Limited Patan Main ESFB0007008

Location	Patan, Patan
City	Patan
District	Patan
State	Gujarat
Pincode	384265
Country	IN
Address	1st floor,maruti business park,opposite to new court,patan - 384265,ahmedabad,gujarat

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 384756081 for Patan Main 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 384756081 of Equitas Bank Small Finance Bank, Patan Main branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Patan Main 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 -

>>Patan Main

MICR code for Equitas Bank Patan Main

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 Patan Main 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. 384756081 is the MICR code of Equitas Bank for Patan Main branch. MICR code for Patan Main 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 Patan Main is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Patan Main branch in patan

The MICR code 384756081 is used in RBI cheque clearing process to identify the branch Patan Main 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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