ICICI Paravur Ernakulam Kerala MICR CODE

Find MICR Codes for ICICI Paravur Ernakulam Kerala

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch North Paravur Kerala
Contact Srinadh K 0484-4062418,0484-4062418 , 4062419
Bank Details Icici Bank Ltd North Paravur Kerala ICIC0001053
Location Paravur, Ernakulam
City Paravur
District Ernakulam
State Kerala
Pincode 683513
Country IN
Address Icici bank ltd., sreegiri building, kmk junction, north paravur, ernakulam dist, kerala 683513
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 North Paravur Kerala 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, North Paravur Kerala branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for North Paravur Kerala 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 -

>>North Paravur Kerala

MICR code for ICICI North Paravur Kerala

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

Use of ICICI Bank MICR code for North Paravur Kerala branch in paravur

The MICR code 0 is used in RBI cheque clearing process to identify the branch North Paravur Kerala 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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