ICICI Kurnool Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for ICICI Kurnool Kurnool Andhra Pradesh

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MICR Code	518229005
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	Bollavaram
Contact	Mr. Maddileti Gooru-09642033336
Bank Details	Icici Bank Ltd Bollavaram ICIC0002854

Location	Kurnool, Kurnool
City	Kurnool
District	Kurnool
State	Andhra Pradesh
Pincode	518218
Country	IN
Address	Icici bank ltd., village bollavaram, sub district kallur, pin – 518218, district kurnool, andhra pradesh

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 518229005 for Bollavaram 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 518229005 of ICICI Bank, Bollavaram branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bollavaram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Icici Bank Ltd are available with micr code -

>>Bollavaram >>Chetla Mallapuram >>Kurnool >>Kurnool >>Kurnool >>Kurnool >>Kurnool >>Kurnool C Camp >>Pedda Tekur >>Tilak Nagar Branch

MICR code for ICICI Bollavaram

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Bollavaram 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. 518229005 is the MICR code of Industrial Credit And Investment Corporation Of India for Bollavaram branch. MICR code for Bollavaram 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 Bollavaram is presented in the table alongside.

Use of ICICI Bank MICR code for Bollavaram branch in kurnool

The MICR code 518229005 is used in RBI cheque clearing process to identify the branch Bollavaram 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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