ICICI Akot Akot Maharashtra MICR CODE

Find MICR Codes for ICICI Akot Akot Maharashtra

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MICR Code	444229101
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Akot
Contact	Mr. Ashish Mohokar – 09765567774
Bank Details	Icici Bank Ltd Akot ICIC0001863

Location	Akot, Akot
City	Akot
District	Akot
State	Maharashtra
Pincode	444101
Country	IN
Address	Icici bank ltd., near police station, akola road, akot - 444101, akola dist., maharashtra

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 444229101 for Akot 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 444229101 of ICICI Bank, Akot branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Akot branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Icici Bank Ltd are available with micr code -

>>Akot

MICR code for ICICI Akot

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Akot 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. 444229101 is the MICR code of Industrial Credit And Investment Corporation Of India for Akot branch. MICR code for Akot 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 ICICI Bank Akot is presented in the table alongside.

Use of ICICI Bank MICR code for Akot branch in akot

The MICR code 444229101 is used in RBI cheque clearing process to identify the branch Akot and ICICI 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 Industrial Credit And Investment Corporation Of India is typically in either of these two font’s: E-138 and CMC-7.

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