Equitas Bank Solapur Solapur Maharashtra MICR CODE

Find MICR Codes for Equitas Bank Solapur Solapur Maharashtra

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MICR Code	413756002
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	Saat Rasta
Contact	30898015
Bank Details	Equitas Small Finance Bank Limited Saat Rasta ESFB0009036

Location	Solapur, Solapur
City	Solapur
District	Solapur
State	Maharashtra
Pincode	413001
Country	IN
Address	Balaji bhavan,ground floor,near garud banglow,saat rasta solapur 413001

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 413756002 for Saat Rasta 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 413756002 of Equitas Bank Small Finance Bank, Saat Rasta branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Saat Rasta branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Akluj >>Barshi >>Ganesh Nagar Akluj Branch >>Jule Solapur Branch >>Link Road Pandharpur Branch >>Nagar Palika Barshi Branch >>Pandharpur >>Saat Rasta

MICR code for Equitas Bank Saat Rasta

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 Saat Rasta 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. 413756002 is the MICR code of Equitas Bank for Saat Rasta branch. MICR code for Saat Rasta 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 Saat Rasta is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Saat Rasta branch in solapur

The MICR code 413756002 is used in RBI cheque clearing process to identify the branch Saat Rasta 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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