ICICI Hatkanangale Kolhapur Maharashtra MICR CODE

Find MICR Codes for ICICI Hatkanangale Kolhapur Maharashtra

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mangaon (Rukadi Ex.)
Contact Ekande Avinash Balkrishna (0230)2481025
Bank Details Icici Bank Ltd Mangaon (Rukadi Ex.) ICIC0006376
Location Hatkanangale, Kolhapur
City Hatkanangale
District Kolhapur
State Maharashtra
Pincode 416136
Country IN
Address K.r.patil's bldg,c.s.no.277,gandhi chowk mangaon pin-416136,tal-hatkangale, dist. - kolhapur
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 Mangaon (Rukadi Ex.) 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, Mangaon (Rukadi Ex.) branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Mangaon (Rukadi Ex.) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Icici Bank Ltd are available with micr code -

>>Mangaon (Rukadi Ex.) >>Mauje Tasgaon >>Mauje Vadgaon

MICR code for ICICI Mangaon (Rukadi Ex.)

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Mangaon (Rukadi Ex.) 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 Mangaon (Rukadi Ex.) branch. MICR code for Mangaon (Rukadi Ex.) 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 Mangaon (Rukadi Ex.) is presented in the table alongside.

Use of ICICI Bank MICR code for Mangaon (Rukadi Ex.) branch in hatkanangale

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mangaon (Rukadi Ex.) 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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