ICICI Razole East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for ICICI Razole East Godavari Andhra Pradesh

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MICR Code	533229662
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	Razole
Contact	Mr. Karuna G- 09866335160
Bank Details	Icici Bank Ltd Razole ICIC0002024

Location	Razole, East Godavari
City	Razole
District	East Godavari
State	Andhra Pradesh
Pincode	533242
Country	IN
Address	Icici bank ltd, door no. 8-156/1, rtc complex, main road, near lutheran church, razole - 533242, east godavari dist., andhra pradesh

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 533229662 for Razole 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 533229662 of ICICI Bank, Razole branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Razole 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 -

>>Razole

MICR code for ICICI Razole

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Razole 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. 533229662 is the MICR code of Industrial Credit And Investment Corporation Of India for Razole branch. MICR code for Razole 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 Razole is presented in the table alongside.

Use of ICICI Bank MICR code for Razole branch in razole

The MICR code 533229662 is used in RBI cheque clearing process to identify the branch Razole 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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