ICICI Ahmedabad Ahmadabad Gujarat MICR CODE

Find MICR Codes for ICICI Ahmedabad Ahmadabad Gujarat

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch South Bopal
Contact 7574821836
Bank Details Icici Bank Ltd South Bopal ICIC0003465
Location Ahmedabad, Ahmadabad
City Ahmedabad
District Ahmadabad
State Gujarat
Pincode 380058
Country IN
Address Icici bank ltd shop no 64 and part of 65 d block sobo center south bopal ahmedabad 380058
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 380229051 for South Bopal 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 380229051 of ICICI Bank, South Bopal branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for South Bopal branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI South Bopal

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for South Bopal 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. 380229051 is the MICR code of Industrial Credit And Investment Corporation Of India for South Bopal branch. MICR code for South Bopal 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 South Bopal is presented in the table alongside.

Use of ICICI Bank MICR code for South Bopal branch in ahmedabad

The MICR code 380229051 is used in RBI cheque clearing process to identify the branch South Bopal 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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