Equitas Bank Amravati Amravati Maharashtra MICR CODE

Find MICR Codes for Equitas Bank Amravati Amravati Maharashtra

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MICR Code	-NA-
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	Warud
Contact
Bank Details	Equitas Small Finance Bank Limited Warud ESFB0009062

Location	Amravati, Amravati
City	Amravati
District	Amravati
State	Maharashtra
Pincode	444906
Country	IN
Address	Nilesh bansod near nee post office warud dist-amravati 444906

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 0 for Warud 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 0 of Equitas Bank Small Finance Bank, Warud branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Warud branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Amravati >>Dastur Nagar Amaravati >>Paratwada >>Warud

MICR code for Equitas Bank Warud

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 Warud 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. 0 is the MICR code of Equitas Bank for Warud branch. MICR code for Warud 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 Warud is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Warud branch in amravati

The MICR code 0 is used in RBI cheque clearing process to identify the branch Warud 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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