ICICI Chandrapur Bhadravati Maharashtra MICR CODE

Find MICR Codes for ICICI Chandrapur Bhadravati Maharashtra

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhadrawati
Contact 9028006066
Bank Details Icici Bank Ltd Bhadrawati ICIC0004316
Location Chandrapur, Bhadravati
City Chandrapur
District Bhadravati
State Maharashtra
Pincode
Country IN
Address Icici bank ltd ground floor plot no 48 gurunagar ward no 2 bhadrawati
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 442229252 for Bhadrawati 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 442229252 of ICICI Bank, Bhadrawati branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bhadrawati 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 -

>>Bhadrawati

MICR code for ICICI Bhadrawati

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Bhadrawati 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. 442229252 is the MICR code of Industrial Credit And Investment Corporation Of India for Bhadrawati branch. MICR code for Bhadrawati 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 Bhadrawati is presented in the table alongside.

Use of ICICI Bank MICR code for Bhadrawati branch in chandrapur

The MICR code 442229252 is used in RBI cheque clearing process to identify the branch Bhadrawati 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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