ICICI Silvasa Dadraandnagar Haveli Dadra And Nagar Haveli MICR CODE

Find MICR Codes for ICICI Silvasa Dadraandnagar Haveli Dadra And Nagar Haveli

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MICR Code	396229111
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	Silvasa
Contact	Manohar Sunder Karkera 0260-3295648
Bank Details	Icici Bank Ltd Silvasa ICIC0006554

Location	Silvasa, Dadraandnagar Haveli
City	Silvasa
District	Dadraandnagar Haveli
State	Dadra And Nagar Haveli
Pincode	396230
Country	IN
Address	Plot no.282-283/p, vapi road, opp.jumma masjid, silvasa396230

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 396229111 for Silvasa 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 396229111 of ICICI Bank, Silvasa branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Silvasa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Icici Bank Ltd are available with micr code -

>>Silvasa >>Silvasa Piparia >>Silvasa Samarvani

MICR code for ICICI Silvasa

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Silvasa 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. 396229111 is the MICR code of Industrial Credit And Investment Corporation Of India for Silvasa branch. MICR code for Silvasa 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 Silvasa is presented in the table alongside.

Use of ICICI Bank MICR code for Silvasa branch in silvasa

The MICR code 396229111 is used in RBI cheque clearing process to identify the branch Silvasa 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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