ICICI Udgaon Kolhapur Maharashtra MICR CODE

Find MICR Codes for ICICI Udgaon Kolhapur Maharashtra

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udgaon (Jaysingpur Ex.)
Contact Chate Shekhar Annasaheb(02322)225365
Bank Details Icici Bank Ltd Udgaon (Jaysingpur Ex.) ICIC0006377
Location Udgaon, Kolhapur
City Udgaon
District Kolhapur
State Maharashtra
Pincode 416134
Country IN
Address Udgaon sahakari pani purvatha mandali-ltd. Building,udgaon : 416 134. Tal. Shirol, dist. Kolhapur.
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 0 for Udgaon (Jaysingpur Ex.) 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 0 of ICICI Bank, Udgaon (Jaysingpur Ex.) branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Udgaon (Jaysingpur Ex.) 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 -

>>Udgaon (Jaysingpur Ex.)

MICR code for ICICI Udgaon (Jaysingpur Ex.)

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Udgaon (Jaysingpur Ex.) 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Udgaon (Jaysingpur Ex.) branch. MICR code for Udgaon (Jaysingpur Ex.) 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 Udgaon (Jaysingpur Ex.) is presented in the table alongside.

Use of ICICI Bank MICR code for Udgaon (Jaysingpur Ex.) branch in udgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Udgaon (Jaysingpur Ex.) 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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