ICICI Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for ICICI Nagpur Nagpur Maharashtra

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pratap Nagar
Contact Mr. Chandan Shahi-08600488835
Bank Details Icici Bank Ltd Pratap Nagar ICIC0002380
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440022
Country IN
Address Icici bank ltd, dindayal nagar, near padole hospital, pratap nagar sq.,nagpur - 440022, 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 440229018 for Pratap Nagar 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 440229018 of ICICI Bank, Pratap Nagar branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Pratap Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Pratap Nagar

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Pratap Nagar 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. 440229018 is the MICR code of Industrial Credit And Investment Corporation Of India for Pratap Nagar branch. MICR code for Pratap Nagar 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 Pratap Nagar is presented in the table alongside.

Use of ICICI Bank MICR code for Pratap Nagar branch in nagpur

The MICR code 440229018 is used in RBI cheque clearing process to identify the branch Pratap Nagar 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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