ICICI Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for ICICI Ahmedabad Ahmedabad Gujarat

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Bhagyodaya Cooperative Bank Ltd
Contact Nareshbhai M Gandhi Mobile 9925121810 Tbcbl@dataone.In
Bank Details Icici Bank Ltd The Bhagyodaya Cooperative Bank Ltd ICIC00BHAGY
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 380004
Country IN
Address The bhagyodaya coop bank ltd., head office, delhi darwaza, ahmedabad 380 004
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 380134001 for The Bhagyodaya Cooperative Bank Ltd 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 380134001 of ICICI Bank, The Bhagyodaya Cooperative Bank Ltd branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for The Bhagyodaya Cooperative Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI The Bhagyodaya Cooperative Bank Ltd

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for The Bhagyodaya Cooperative Bank Ltd 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. 380134001 is the MICR code of Industrial Credit And Investment Corporation Of India for The Bhagyodaya Cooperative Bank Ltd branch. MICR code for The Bhagyodaya Cooperative Bank Ltd 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 The Bhagyodaya Cooperative Bank Ltd is presented in the table alongside.

Use of ICICI Bank MICR code for The Bhagyodaya Cooperative Bank Ltd branch in ahmedabad

The MICR code 380134001 is used in RBI cheque clearing process to identify the branch The Bhagyodaya Cooperative Bank Ltd 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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