ICICI Kota Kota Rajasthan MICR CODE

Find MICR Codes for ICICI Kota Kota Rajasthan

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kota Aklank Pub.School
Contact Sunil Chand Jain,0744-3299329,,9352622576
Bank Details Icici Bank Ltd Kota Aklank Pub.School ICIC0006871
Location Kota, Kota
City Kota
District Kota
State Rajasthan
Pincode 324009
Country IN
Address Aklank public school, basant vihar basant vihar kota 324009
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 324229017 for Kota Aklank Pub.School 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 324229017 of ICICI Bank, Kota Aklank Pub.School branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Kota Aklank Pub.School branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Kota Aklank Pub.School

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Kota Aklank Pub.School 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. 324229017 is the MICR code of Industrial Credit And Investment Corporation Of India for Kota Aklank Pub.School branch. MICR code for Kota Aklank Pub.School 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 Kota Aklank Pub.School is presented in the table alongside.

Use of ICICI Bank MICR code for Kota Aklank Pub.School branch in kota

The MICR code 324229017 is used in RBI cheque clearing process to identify the branch Kota Aklank Pub.School 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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