ICICI Nagrota Jammu Jammu And Kashmir MICR CODE

Find MICR Codes for ICICI Nagrota Jammu Jammu And Kashmir

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MICR Code	180229011
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nagrota
Contact	Anil Kumar 8491942419
Bank Details	Icici Bank Ltd Nagrota ICIC0002640

Location	Nagrota, Jammu
City	Nagrota
District	Jammu
State	Jammu And Kashmir
Pincode	181221
Country	IN
Address	Nagrota branch opp girls high sec school nh1 near police sn nagrota jammu jammu and kashmir

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 180229011 for Nagrota 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 180229011 of ICICI Bank, Nagrota branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Nagrota 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 -

>>Nagrota

MICR code for ICICI Nagrota

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Nagrota 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. 180229011 is the MICR code of Industrial Credit And Investment Corporation Of India for Nagrota branch. MICR code for Nagrota 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 Nagrota is presented in the table alongside.

Use of ICICI Bank MICR code for Nagrota branch in nagrota

The MICR code 180229011 is used in RBI cheque clearing process to identify the branch Nagrota 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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