Equitas Bank Salem Ae Tamil Nadu MICR CODE

Find MICR Codes for Equitas Bank Salem Ae 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 Ramakrishan Road Salem
Contact 30898015
Bank Details Equitas Small Finance Bank Limited Ramakrishan Road Salem ESFB0001091
Location Salem, Ae
City Salem
District Ae
State Tamil Nadu
Pincode 636007
Country IN
Address Varalakshmi orchid,103/1,ground floor,ramakrishna road,salem-636007,tamilnadu
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 636756004 for Ramakrishan Road Salem 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 636756004 of Equitas Bank Small Finance Bank, Ramakrishan Road Salem branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Ramakrishan Road Salem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Erummapatty Chettiyamkurichi >>Kakapalayam Elampillai >>Namakkal >>Palpakkiomalur >>Paramathi Velur Namakkal >>Ramakrishan Road Salem

MICR code for Equitas Bank Ramakrishan Road Salem

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 Ramakrishan Road Salem 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. 636756004 is the MICR code of Equitas Bank for Ramakrishan Road Salem branch. MICR code for Ramakrishan Road Salem 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 Ramakrishan Road Salem is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Ramakrishan Road Salem branch in salem

The MICR code 636756004 is used in RBI cheque clearing process to identify the branch Ramakrishan Road Salem 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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