ICICI Nashik Nasik Maharashtra MICR CODE

Find MICR Codes for ICICI Nashik Nasik Maharashtra

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MICR Code	422229019
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	Satpur
Contact	Mr. Aravind Shenoy-9823096796
Bank Details	Icici Bank Ltd Satpur ICIC0001872

Location	Nashik, Nasik
City	Nashik
District	Nasik
State	Maharashtra
Pincode	422007
Country	IN
Address	Icici bank ltd., plot no. 7, satpur midc area, trimbak road, satpur, nasik - 422007, 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 422229019 for Satpur 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 422229019 of ICICI Bank, Satpur branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Satpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Icici Bank Ltd are available with micr code -

>>Chatori >>College Road >>Gangapur Road >>Indiranagar >>Nashik Anandvali >>Nashik Dist Indl And Mer. Coop Bank >>Nashik Mhasrul >>Nasik >>Satpur >>Satpur Trimbak Road >>Shivadi >>Shree Vyankatesh Co Op Bank Limited Malegaon >>The Deola Merchants Coop Bank Ltd >>The Nasik Dist Central Coop Bank L

MICR code for ICICI Satpur

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Satpur 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. 422229019 is the MICR code of Industrial Credit And Investment Corporation Of India for Satpur branch. MICR code for Satpur 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 Satpur is presented in the table alongside.

Use of ICICI Bank MICR code for Satpur branch in nashik

The MICR code 422229019 is used in RBI cheque clearing process to identify the branch Satpur 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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