ICICI Similiguda Koraput Orissa MICR CODE

Find MICR Codes for ICICI Similiguda Koraput Orissa

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Simliguda Orissa
Contact Ms. Usha Das 06853 – 225538/225528, 06853 - 225558 / 09937041684
Bank Details Icici Bank Ltd Simliguda Orissa ICIC0001632
Location Similiguda, Koraput
City Similiguda
District Koraput
State Orissa
Pincode 764036
Country IN
Address Icici bank ltd., main road, opp. Bright star hotel, simliguda - 764036, koraput dist., orissa.
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 764229202 for Simliguda Orissa 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 764229202 of ICICI Bank, Simliguda Orissa branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Simliguda Orissa 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 -

>>Simliguda Orissa

MICR code for ICICI Simliguda Orissa

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Simliguda Orissa 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. 764229202 is the MICR code of Industrial Credit And Investment Corporation Of India for Simliguda Orissa branch. MICR code for Simliguda Orissa 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 Simliguda Orissa is presented in the table alongside.

Use of ICICI Bank MICR code for Simliguda Orissa branch in similiguda

The MICR code 764229202 is used in RBI cheque clearing process to identify the branch Simliguda Orissa 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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