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 Jamnagar
Contact Phone - 022 - 67574314 / 4322
Bank Details Icici Bank Ltd Jamnagar ICIC0000205
Location Jamnagar, Jamnagar
City Jamnagar
District Jamnagar
State Gujarat
Pincode 361008
Country IN
Address Near m. P. Shah medical college, solarium road, p. N. Marg, jamnagar.  361008
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 0 for Jamnagar 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 0 of ICICI Bank, Jamnagar branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Jamnagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Jamnagar

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Jamnagar 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Jamnagar branch. MICR code for Jamnagar 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 Jamnagar is presented in the table alongside.

Use of ICICI Bank MICR code for Jamnagar branch in jamnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jamnagar 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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