ICICI Kozhikode Kozhikode Kerala MICR CODE

Find MICR Codes for ICICI Kozhikode Kozhikode Kerala

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nadakkavu
Contact Sandeep Ramchandran - 91 495-4019228 / 91 9745682111
Bank Details Icici Bank Ltd Nadakkavu ICIC0001938
Location Kozhikode, Kozhikode
City Kozhikode
District Kozhikode
State Kerala
Pincode 673011
Country IN
Address Icici bank ltd., ground floor, bhumidaya grandeur, nadakkavu cross road, kozhikode - 673011, kerala
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 673229007 for Nadakkavu 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 673229007 of ICICI Bank, Nadakkavu branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Nadakkavu 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 -

>>Kozhikode (Calicut) >>Nadakkavu >>Quilandy

MICR code for ICICI Nadakkavu

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Nadakkavu 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. 673229007 is the MICR code of Industrial Credit And Investment Corporation Of India for Nadakkavu branch. MICR code for Nadakkavu 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 Nadakkavu is presented in the table alongside.

Use of ICICI Bank MICR code for Nadakkavu branch in kozhikode

The MICR code 673229007 is used in RBI cheque clearing process to identify the branch Nadakkavu 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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