ICICI Raurkela Sundargarh Orissa MICR CODE

Find MICR Codes for ICICI Raurkela Sundargarh Orissa

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Civil Township Raurkela Orissa
Contact Mr. Deepak Mohapatra 09238108958 / 09238108912, 09937011293
Bank Details Icici Bank Ltd Civil Township Raurkela Orissa ICIC0001503
Location Raurkela, Sundargarh
City Raurkela
District Sundargarh
State Orissa
Pincode 769004
Country IN
Address Icici bank ltd., brindaban complex, panposh road, civil township, rourkela - 769004, sundagarh dist., orissa.
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 769229003 for Civil Township Raurkela Orissa 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 769229003 of ICICI Bank, Civil Township Raurkela Orissa branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Civil Township Raurkela Orissa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Icici Bank Ltd are available with micr code -

>>Chhend Raurkela >>Civil Township Raurkela Orissa >>Koelnagar Branch >>Rourkela Steel Plant Branch >>Uditnagar

MICR code for ICICI Civil Township Raurkela Orissa

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Civil Township Raurkela Orissa 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. 769229003 is the MICR code of Industrial Credit And Investment Corporation Of India for Civil Township Raurkela Orissa branch. MICR code for Civil Township Raurkela Orissa 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 Civil Township Raurkela Orissa is presented in the table alongside.

Use of ICICI Bank MICR code for Civil Township Raurkela Orissa branch in raurkela

The MICR code 769229003 is used in RBI cheque clearing process to identify the branch Civil Township Raurkela Orissa 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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