ICICI Savli Vadodara Gujarat MICR CODE

Find MICR Codes for ICICI Savli Vadodara Gujarat

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tundav
Contact Mr.Haresh Rajvant-09825030110
Bank Details Icici Bank Ltd Tundav ICIC0002259
Location Savli, Vadodara
City Savli
District Vadodara
State Gujarat
Pincode 391775
Country IN
Address Icici bank ltd.,  at post tundav - 391775, taluka savli, vadodara dist., gujarat
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 391229504 for Tundav 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 391229504 of ICICI Bank, Tundav branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Tundav branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Icici Bank Ltd are available with micr code -

>>Dhantej >>Gothada >>Mevli >>Tundav

MICR code for ICICI Tundav

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Tundav 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. 391229504 is the MICR code of Industrial Credit And Investment Corporation Of India for Tundav branch. MICR code for Tundav 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 Tundav is presented in the table alongside.

Use of ICICI Bank MICR code for Tundav branch in savli

The MICR code 391229504 is used in RBI cheque clearing process to identify the branch Tundav 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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