ICICI Bidkin Aurangabad Maharashtra MICR CODE

Find MICR Codes for ICICI Bidkin Aurangabad Maharashtra

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MICR Code	431229010
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	Bidkin
Contact	8550990669
Bank Details	Icici Bank Ltd Bidkin ICIC0003063

Location	Bidkin, Aurangabad
City	Bidkin
District	Aurangabad
State	Maharashtra
Pincode	431105
Country	IN
Address	Plot no 2 gut no 5 shop no 1 2 3 4 sai sarthak park nilajgaon phata bidkin 431105.tal paithan

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 431229010 for Bidkin 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 431229010 of ICICI Bank, Bidkin branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bidkin 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 -

>>Bidkin

MICR code for ICICI Bidkin

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Bidkin 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. 431229010 is the MICR code of Industrial Credit And Investment Corporation Of India for Bidkin branch. MICR code for Bidkin 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 Bidkin is presented in the table alongside.

Use of ICICI Bank MICR code for Bidkin branch in bidkin

The MICR code 431229010 is used in RBI cheque clearing process to identify the branch Bidkin 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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