ICICI Jamnagar Jamnagar Gujarat MICR CODE

Find MICR Codes for ICICI Jamnagar Jamnagar Gujarat

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jambuda
Contact Mr. Gaurav Doshi-09909007237
Bank Details Icici Bank Ltd Jambuda ICIC0002879
Location Jamnagar, Jamnagar
City Jamnagar
District Jamnagar
State Gujarat
Pincode 361120
Country IN
Address Icici bank ltd., village jambuda, sub district jamnagar, district jamnagar, pin 361120, gujarat
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 361229501 for Jambuda 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 361229501 of ICICI Bank, Jambuda branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Jambuda branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Jambuda

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Jambuda 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. 361229501 is the MICR code of Industrial Credit And Investment Corporation Of India for Jambuda branch. MICR code for Jambuda 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 Jambuda is presented in the table alongside.

Use of ICICI Bank MICR code for Jambuda branch in jamnagar

The MICR code 361229501 is used in RBI cheque clearing process to identify the branch Jambuda 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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