ICICI Greater Bombay Greater Bombay Maharashtra MICR CODE

Find MICR Codes for ICICI Greater Bombay Greater Bombay Maharashtra

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dahisar (West)
Contact
Bank Details Icici Bank Ltd Dahisar (West) ICIC0001235
Location Greater Bombay, Greater Bombay
City Greater Bombay
District Greater Bombay
State Maharashtra
Pincode 400068
Country IN
Address Icici bank ltd,shop no.1,16,17,pankaj parag mhatre chs,lt road,dahisar west,mumbai-400068
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 400229204 for Dahisar (West) 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 400229204 of ICICI Bank, Dahisar (West) branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Dahisar (West) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Icici Bank Ltd are available with micr code -

>>Dahisar (West) >>Swastik Chamber

MICR code for ICICI Dahisar (West)

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Dahisar (West) 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. 400229204 is the MICR code of Industrial Credit And Investment Corporation Of India for Dahisar (West) branch. MICR code for Dahisar (West) 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 Dahisar (West) is presented in the table alongside.

Use of ICICI Bank MICR code for Dahisar (West) branch in greater bombay

The MICR code 400229204 is used in RBI cheque clearing process to identify the branch Dahisar (West) 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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