ICICI Bastar Bastar Chhattisgarh MICR CODE

Find MICR Codes for ICICI Bastar Bastar Chhattisgarh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mandagaon Bc Outlet
Contact 0
Bank Details Icici Bank Ltd Mandagaon Bc Outlet ICIC0007673
Location Bastar, Bastar
City Bastar
District Bastar
State Chhattisgarh
Pincode 494771
Country IN
Address Icici bank ltd gram panchyat bhawan madagoan tah koilibeda pakhanjur kanker 494771
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 0 for Mandagaon Bc Outlet 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 0 of ICICI Bank, Mandagaon Bc Outlet branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Mandagaon Bc Outlet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Icici Bank Ltd are available with micr code -

>>Bande Bc Outlet >>Bastar >>Chhindpal Bc Outlet >>Khairkatta Bc Outlet >>Mandagaon Bc Outlet

MICR code for ICICI Mandagaon Bc Outlet

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Mandagaon Bc Outlet 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Mandagaon Bc Outlet branch. MICR code for Mandagaon Bc Outlet 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 Mandagaon Bc Outlet is presented in the table alongside.

Use of ICICI Bank MICR code for Mandagaon Bc Outlet branch in bastar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mandagaon Bc Outlet 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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