ICICI Timba Surat Gujarat MICR CODE

Find MICR Codes for ICICI Timba Surat Gujarat

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Timba
Contact Manish Patel-9909969224
Bank Details Icici Bank Ltd Timba ICIC0003087
Location Timba, Surat
City Timba
District Surat
State Gujarat
Pincode 394330
Country IN
Address Icici bank ltd,opp gram panchyat office,timba ta kamrej dits surat
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 394229505 for Timba 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 394229505 of ICICI Bank, Timba branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Timba 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 -

>>Timba

MICR code for ICICI Timba

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Timba 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. 394229505 is the MICR code of Industrial Credit And Investment Corporation Of India for Timba branch. MICR code for Timba 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 Timba is presented in the table alongside.

Use of ICICI Bank MICR code for Timba branch in timba

The MICR code 394229505 is used in RBI cheque clearing process to identify the branch Timba 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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