ICICI Karimnagar Karimnagar Telangana MICR CODE

Find MICR Codes for ICICI Karimnagar Karimnagar Telangana

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kamanroad
Contact 0
Bank Details Icici Bank Ltd Kamanroad ICIC0002400
Location Karimnagar, Karimnagar
City Karimnagar
District Karimnagar
State Telangana
Pincode 505001
Country IN
Address Icici bank ltd h.no 8-7-331/1 plot no 111 ganesh nagar kothirampur kaman to hyderabad road karimnagar
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 505229004 for Kamanroad 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 505229004 of ICICI Bank, Kamanroad branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Kamanroad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Icici Bank Ltd are available with micr code -

>>Kamanroad >>Karimnagar Rekurthi >>Tower Circle

MICR code for ICICI Kamanroad

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Kamanroad 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. 505229004 is the MICR code of Industrial Credit And Investment Corporation Of India for Kamanroad branch. MICR code for Kamanroad 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 Kamanroad is presented in the table alongside.

Use of ICICI Bank MICR code for Kamanroad branch in karimnagar

The MICR code 505229004 is used in RBI cheque clearing process to identify the branch Kamanroad 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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