ICICI Shujalpur Shajapur Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Shujalpur Shajapur Madhya Pradesh

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MICR Code	465229052
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kisoni
Contact	Mr. Shashank Awasthi-08518907478
Bank Details	Icici Bank Ltd Kisoni ICIC0003029

Location	Shujalpur, Shajapur
City	Shujalpur
District	Shajapur
State	Madhya Pradesh
Pincode	465333
Country	IN
Address	Icici bank ltd., village kisoni, sub district shujalpur, district shajapur, pin 465333, madhya pradesh

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 465229052 for Kisoni 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 465229052 of ICICI Bank, Kisoni branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Kisoni branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Icici Bank Ltd are available with micr code -

>>Bhawari Kheda >>Kisoni >>Shujalpur Madhya Pradesh >>Vivekanand Nagrik Sahkari Bank Maryadit

MICR code for ICICI Kisoni

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Kisoni 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. 465229052 is the MICR code of Industrial Credit And Investment Corporation Of India for Kisoni branch. MICR code for Kisoni 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 Kisoni is presented in the table alongside.

Use of ICICI Bank MICR code for Kisoni branch in shujalpur

The MICR code 465229052 is used in RBI cheque clearing process to identify the branch Kisoni 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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