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ICICI Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for ICICI Mumbai Mumbai Maharashtra

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Shimpoli Maharashtra
Contact Lalit Mistry, Emp Id 166325,Pravin Dalvi, Emp Id 120363
Bank Details Icici Bank Ltd Mumbai Shimpoli Maharashtra ICIC0001228
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400092
Country IN
Address Icici bank ltd., sanskruti apartment,near green ridge tower, link road, chikoowadi, shimpoli, borivali west,mumbai - 400092, maharashtra
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 400229146 for Mumbai Shimpoli Maharashtra 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 400229146 of ICICI Bank, Mumbai Shimpoli Maharashtra branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Mumbai Shimpoli Maharashtra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 136 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI Mumbai Shimpoli Maharashtra

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Mumbai Shimpoli Maharashtra 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. 400229146 is the MICR code of Industrial Credit And Investment Corporation Of India for Mumbai Shimpoli Maharashtra branch. MICR code for Mumbai Shimpoli Maharashtra 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 Mumbai Shimpoli Maharashtra is presented in the table alongside.

Use of ICICI Bank MICR code for Mumbai Shimpoli Maharashtra branch in mumbai

The MICR code 400229146 is used in RBI cheque clearing process to identify the branch Mumbai Shimpoli Maharashtra 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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