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 Perambalur Thanthondri Sivan 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. 621756303 is the MICR code of Equitas Bank for Perambalur Thanthondri Sivan branch. MICR code for Perambalur Thanthondri Sivan 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 Perambalur Thanthondri Sivan is presented in the table alongside.
The MICR code 621756303 is used in RBI cheque clearing process to identify the branch Perambalur Thanthondri Sivan 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.