ICICI Mundwa Nagaur Rajasthan MICR CODE

Find MICR Codes for ICICI Mundwa Nagaur Rajasthan

↻ Reload
MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mundwa
Contact 1531220077
Bank Details Icici Bank Ltd Mundwa ICIC0003553
Location Mundwa, Nagaur
City Mundwa
District Nagaur
State Rajasthan
Pincode 341026
Country IN
Address Icici bank ltd,ratwa market, near bus stand, mundwa, pincode - 341026, nagaur dist, rajasthan
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 341229201 for Mundwa 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 341229201 of ICICI Bank, Mundwa branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Mundwa 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 -

>>Mundwa

MICR code for ICICI Mundwa

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Mundwa 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. 341229201 is the MICR code of Industrial Credit And Investment Corporation Of India for Mundwa branch. MICR code for Mundwa 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 Mundwa is presented in the table alongside.

Use of ICICI Bank MICR code for Mundwa branch in mundwa

The MICR code 341229201 is used in RBI cheque clearing process to identify the branch Mundwa 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.

Copied!