ICICI Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Jabalpur Jabalpur Madhya Pradesh

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MICR Code	482229006
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	Madan Mahal
Contact	9389932148
Bank Details	Icici Bank Ltd Madan Mahal ICIC0003497

Location	Jabalpur, Jabalpur
City	Jabalpur
District	Jabalpur
State	Madhya Pradesh
Pincode	482001
Country	IN
Address	Upper ground floor bhasin acropolis near gulati petrol pump madan mahal jabalpur 482001

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 482229006 for Madan Mahal 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 482229006 of ICICI Bank, Madan Mahal branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Madan Mahal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Icici Bank Ltd are available with micr code -

>>Adarsh Nagar >>Jabalpur >>Jabalpur >>Jabalpur Bilhari >>Jabalpur Dhanwantri Nagar >>Jabalpur Kachghar >>Jabalpur Vijay Nagar >>Madan Mahal >>Niwarganj >>Shahpura >>Sneh Nagar Jabalpur

MICR code for ICICI Madan Mahal

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Madan Mahal 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. 482229006 is the MICR code of Industrial Credit And Investment Corporation Of India for Madan Mahal branch. MICR code for Madan Mahal 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 Madan Mahal is presented in the table alongside.

Use of ICICI Bank MICR code for Madan Mahal branch in jabalpur

The MICR code 482229006 is used in RBI cheque clearing process to identify the branch Madan Mahal 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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