ICICI Bahubali Kolhapur Maharashtra MICR CODE

Find MICR Codes for ICICI Bahubali Kolhapur Maharashtra

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MICR Code	-NA-
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	Bahubali (Kumbhoj Ex.)
Contact	Inamdar Shripat Chintaman (0230)2584426
Bank Details	Icici Bank Ltd Bahubali (Kumbhoj Ex.) ICIC0006388

Location	Bahubali, Kolhapur
City	Bahubali
District	Kolhapur
State	Maharashtra
Pincode	416110
Country	IN
Address	Bahuballi vidhyapeeth,bahuballi-416110 tal-hatkanagale,dist-kolhapur.

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 Bahubali (Kumbhoj Ex.) 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 ICICI Bank, Bahubali (Kumbhoj Ex.) branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bahubali (Kumbhoj Ex.) 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 -

>>Bahubali (Kumbhoj Ex.)

MICR code for ICICI Bahubali (Kumbhoj Ex.)

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

Use of ICICI Bank MICR code for Bahubali (Kumbhoj Ex.) branch in bahubali

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bahubali (Kumbhoj Ex.) 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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