ICICI New Bombay Thane Maharashtra MICR CODE

Find MICR Codes for ICICI New Bombay Thane Maharashtra

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vashi Railway Station
Contact 0
Bank Details Icici Bank Ltd Vashi Railway Station ICIC0003387
Location New Bombay, Thane
City New Bombay
District Thane
State Maharashtra
Pincode 400703
Country IN
Address Icici bank ltd g-5 bsel tech park sector -30a opp vashi railway station vashi navi mumbai 400703 maharashtra
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 Vashi Railway Station 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, Vashi Railway Station branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Vashi Railway Station 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 -

>>Kalwa Industrial Estate Airoli Branch >>Mumbai Vasi Navi >>Turbhe >>Vashi Railway Station >>Vashi Sec 17

MICR code for ICICI Vashi Railway Station

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Vashi Railway Station 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 Vashi Railway Station branch. MICR code for Vashi Railway Station 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 Vashi Railway Station is presented in the table alongside.

Use of ICICI Bank MICR code for Vashi Railway Station branch in new bombay

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vashi Railway Station 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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