Esaf Small Finance Bank Ottapalam
Ottapalam · Palakkad, Kerala
679760002 is the MICR code for the Ottapalam branch of Esaf Small Finance Bank, located in Palakkad, Kerala. 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 ESMF0001134.
Bank
Esaf Small Finance Bank
Branch & Address
Ottapalam
Xvii/434, Ground Floor, Asco Tower, Palakkad Road, Ottapalam, PIN 679101
Palakkad, Ottapalam, Kerala
Contact
+918589914342MICR Code Structure
679
City
760
Bank
002
Branch
City code 679 identifies the RBI clearing centre, bank code 760 identifies Esaf Small Finance Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Esaf Small Finance Bank branches near Palakkad
Other banks in Palakkad, Kerala
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 (ESMF0001134) 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 679760002 is in the middle, and your account number is on the right.