ICICI Umaria Umaria Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Umaria Umaria Madhya Pradesh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Umaria
Contact Mr. Bharat Adatiya-07389944620
Bank Details Icici Bank Ltd Umaria ICIC0002611
Location Umaria, Umaria
City Umaria
District Umaria
State Madhya Pradesh
Pincode 484555
Country IN
Address Icici bank ltd., near old bus stand, station road, umaria - 484555, madhya pradesh
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 484229201 for Umaria 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 484229201 of ICICI Bank, Umaria branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Umaria 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 -

>>Umaria

MICR code for ICICI Umaria

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Umaria 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. 484229201 is the MICR code of Industrial Credit And Investment Corporation Of India for Umaria branch. MICR code for Umaria 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 Umaria is presented in the table alongside.

Use of ICICI Bank MICR code for Umaria branch in umaria

The MICR code 484229201 is used in RBI cheque clearing process to identify the branch Umaria 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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