ICICI Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for ICICI Vadodara 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 Vadodara Sayajigunj
Contact Phone - 022 - 67574314 / 4322
Bank Details Icici Bank Ltd Vadodara Sayajigunj ICIC0006245
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390005
Country IN
Address Icici bank ltd, suraj plaza ii, sayajiganj, baroda - 390 005  390005
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 390229003 for Vadodara Sayajigunj 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 390229003 of ICICI Bank, Vadodara Sayajigunj branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Vadodara Sayajigunj branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Vadodara Sayajigunj

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Vadodara Sayajigunj 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. 390229003 is the MICR code of Industrial Credit And Investment Corporation Of India for Vadodara Sayajigunj branch. MICR code for Vadodara Sayajigunj 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 Vadodara Sayajigunj is presented in the table alongside.

Use of ICICI Bank MICR code for Vadodara Sayajigunj branch in vadodara

The MICR code 390229003 is used in RBI cheque clearing process to identify the branch Vadodara Sayajigunj 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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