Equitas Small Finance Bank Hoskote
Hoskote · Bengaluru Rural, Karnataka
562756003 is the MICR code for the Hoskote branch of Equitas Small Finance Bank, located in Bengaluru Rural, Karnataka. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code ESFB0003109.
Bank
Equitas Small Finance Bank
Branch & Address
Hoskote
Khwaja Mansion Mv Extention, 3rd Cross College Road Opposite Karnataka Bank Hoskote, Banagalore Rural-562114
Bengaluru Rural, Bengaluru Rural, Karnataka
MICR Code Structure
562
City
756
Bank
003
Branch
City code 562 identifies the RBI clearing centre, bank code 756 identifies Equitas Small Finance Bank, and branch code 003 identifies this specific branch.
Online Payment Methods Supported
Other Equitas Small Finance Bank branches near Bengaluru Rural
Other banks in Bengaluru Rural, Karnataka
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (ESFB0003109) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 562756003 is in the middle, and your account number is on the right.