ICICI Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for ICICI Udaipur Udaipur Rajasthan

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shobhagpura
Contact 9024606025
Bank Details Icici Bank Ltd Shobhagpura ICIC0004304
Location Udaipur, Udaipur
City Udaipur
District Udaipur
State Rajasthan
Pincode 313001
Country IN
Address Planet doors 22 23 gf 100 feet road shobhagpura udaipur 313001
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 313229022 for Shobhagpura 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 313229022 of ICICI Bank, Shobhagpura branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Shobhagpura branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Shobhagpura

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Shobhagpura 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. 313229022 is the MICR code of Industrial Credit And Investment Corporation Of India for Shobhagpura branch. MICR code for Shobhagpura 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 Shobhagpura is presented in the table alongside.

Use of ICICI Bank MICR code for Shobhagpura branch in udaipur

The MICR code 313229022 is used in RBI cheque clearing process to identify the branch Shobhagpura 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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