ICICI Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for ICICI Raipur Raipur Chhattisgarh

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MICR Code	-NA-
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	Santoshi Nagar
Contact	0-9144656397
Bank Details	Icici Bank Ltd Santoshi Nagar ICIC0007773

Location	Raipur, Raipur
City	Raipur
District	Raipur
State	Chhattisgarh
Pincode
Country	IN
Address	Anurag tower opp kali mandir old dhamtari road raipur

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 Santoshi 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 0 of ICICI Bank, Santoshi Nagar branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Santoshi Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of Icici Bank Ltd are available with micr code -

>>Avanti Vihar >>Bhatagaon >>Choubey Colony Raipur Chhattisgarh >>Devendra Nagar >>Fafadih Chowk >>Jaistambh Chowk Raipur Chhattisgarh >>Kota Ramnagar >>Labhandi Raipur >>Mowa >>Nawapara >>Naya Raipur >>Raipur >>Raipur >>Raipur Amlidih >>Raipur Dumartarai >>Raipur Hirapur >>Raipur Kachana >>Raipur Lalpur >>Raipur Panchbadi Naka Chhattisgarh >>Santoshi Nagar >>Shankar Nagar >>Sunder Nagar >>Telibandha Raipur >>The Raipur Urban Merchant Coop Bank Ltd

MICR code for ICICI Santoshi 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 Santoshi 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Santoshi Nagar branch. MICR code for Santoshi 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 Santoshi Nagar is presented in the table alongside.

Use of ICICI Bank MICR code for Santoshi Nagar branch in raipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Santoshi 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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