ICICI Mahbubnagar Mahbubnagar Andhra Pradesh MICR CODE

Find MICR Codes for ICICI Mahbubnagar Mahbubnagar Andhra Pradesh

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MICR Code	509229743
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Uppal
Contact	Mr. Adiraju Kumar -08008503276
Bank Details	Icici Bank Ltd Uppal ICIC0002223

Location	Mahbubnagar, Mahbubnagar
City	Mahbubnagar
District	Mahbubnagar
State	Andhra Pradesh
Pincode	509135
Country	IN
Address	Icici bank ltd., 1-15, uppal village - 509135, aiza mandal, mahbubnagar dist., andhra 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 509229743 for Uppal 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 509229743 of ICICI Bank, Uppal branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Uppal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Icici Bank Ltd are available with micr code -

>>Kokanavanipalle >>Mastipur >>The Palamoor Co Operative Urban Bank Ltd >>Uppal >>Uthanoor

MICR code for ICICI Uppal

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Uppal 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. 509229743 is the MICR code of Industrial Credit And Investment Corporation Of India for Uppal branch. MICR code for Uppal 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 Uppal is presented in the table alongside.

Use of ICICI Bank MICR code for Uppal branch in mahbubnagar

The MICR code 509229743 is used in RBI cheque clearing process to identify the branch Uppal 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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