ICICI Kothanur Bangalore Urban Karnataka MICR CODE

Find MICR Codes for ICICI Kothanur Bangalore Urban Karnataka

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kothanur
Contact Kiran R N  - 9620932202
Bank Details Icici Bank Ltd Kothanur ICIC0001850
Location Kothanur, Bangalore Urban
City Kothanur
District Bangalore Urban
State Karnataka
Pincode 560078
Country IN
Address Icici bank ltd.,no. 89, formed by wilson garden house building, chs ltd,kothanur village, uttarhalli hobli, bangalore-560078karnataka
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 560229067 for Kothanur 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 560229067 of ICICI Bank, Kothanur branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Kothanur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Icici Bank Ltd are available with micr code -

>>Kothanur

MICR code for ICICI Kothanur

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Kothanur 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. 560229067 is the MICR code of Industrial Credit And Investment Corporation Of India for Kothanur branch. MICR code for Kothanur 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 Kothanur is presented in the table alongside.

Use of ICICI Bank MICR code for Kothanur branch in kothanur

The MICR code 560229067 is used in RBI cheque clearing process to identify the branch Kothanur 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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