Equitas Bank Bengaluru Urban Bengaluru Urban Karnataka MICR CODE

Find MICR Codes for Equitas Bank Bengaluru Urban Bengaluru Urban Karnataka

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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 Rbi Layout
Contact 30898015
Bank Details Equitas Small Finance Bank Limited Rbi Layout ESFB0003034
Location Bengaluru Urban, Bengaluru Urban
City Bengaluru Urban
District Bengaluru Urban
State Karnataka
Pincode 560078
Country IN
Address 632, kothnur, rbihbcslayout, banaglore-560062
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 560756010 for Rbi Layout 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 560756010 of Equitas Bank Small Finance Bank, Rbi Layout branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Rbi Layout branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Basaveshwar Nagar >>Hsr Layout >>K R Puram >>Kasturinagar >>Prashanthnagar >>Rajaji Nagara >>Rajajinagar >>Rbi Layout >>Uttarahalli >>Yalahanka

MICR code for Equitas Bank Rbi Layout

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 Rbi Layout 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. 560756010 is the MICR code of Equitas Bank for Rbi Layout branch. MICR code for Rbi Layout 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 Rbi Layout is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Rbi Layout branch in bengaluru urban

The MICR code 560756010 is used in RBI cheque clearing process to identify the branch Rbi Layout 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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