ICICI Quepem South Goa Goa MICR CODE

Find MICR Codes for ICICI Quepem South Goa Goa

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MICR Code	403229035
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	Quepem
Contact	8322662479
Bank Details	Icici Bank Ltd Quepem ICIC0003394

Location	Quepem, South Goa
City	Quepem
District	South Goa
State	Goa
Pincode	403705
Country	IN
Address	Hno 35/c near bridge biptimol quepem goa 403705

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 403229035 for Quepem 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 403229035 of ICICI Bank, Quepem branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Quepem 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 -

>>Quepem

MICR code for ICICI Quepem

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Quepem 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. 403229035 is the MICR code of Industrial Credit And Investment Corporation Of India for Quepem branch. MICR code for Quepem 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 Quepem is presented in the table alongside.

Use of ICICI Bank MICR code for Quepem branch in quepem

The MICR code 403229035 is used in RBI cheque clearing process to identify the branch Quepem 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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