ICICI Nellore Nellore Andhra Pradesh MICR CODE

Find MICR Codes for ICICI Nellore Nellore Andhra Pradesh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gajula Dinne
Contact 0
Bank Details Icici Bank Ltd Gajula Dinne ICIC0004249
Location Nellore, Nellore
City Nellore
District Nellore
State Andhra Pradesh
Pincode 524218
Country IN
Address Orini post vidavalur mandal nellore district andhra pradesh 524218
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 524229583 for Gajula Dinne 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 524229583 of ICICI Bank, Gajula Dinne branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Gajula Dinne branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Icici Bank Ltd are available with micr code -

>>Bv Nagar >>Gajula Dinne >>Muthukur >>Nellore >>Nellore Vedayapalem >>Pidatapolur >>Salipeta >>Stonehouse Pet

MICR code for ICICI Gajula Dinne

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Gajula Dinne 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. 524229583 is the MICR code of Industrial Credit And Investment Corporation Of India for Gajula Dinne branch. MICR code for Gajula Dinne 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 Gajula Dinne is presented in the table alongside.

Use of ICICI Bank MICR code for Gajula Dinne branch in nellore

The MICR code 524229583 is used in RBI cheque clearing process to identify the branch Gajula Dinne 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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