ICICI Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for ICICI Cuttack Cuttack Orissa

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cuttuck
Contact Sitakanta Dash 0671-3251945; 9338217401
Bank Details Icici Bank Ltd Cuttuck ICIC0006587
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753001
Country IN
Address Block f-1, 1st floor maruti complex, bajrakabati road, opp.telephone bhawan cuttack-753001 (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 753229005 for Cuttuck 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 753229005 of ICICI Bank, Cuttuck branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Cuttuck branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Cuttuck

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Cuttuck 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. 753229005 is the MICR code of Industrial Credit And Investment Corporation Of India for Cuttuck branch. MICR code for Cuttuck 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 Cuttuck is presented in the table alongside.

Use of ICICI Bank MICR code for Cuttuck branch in cuttack

The MICR code 753229005 is used in RBI cheque clearing process to identify the branch Cuttuck 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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