ICICI New Bombay Thane Maharashtra MICR CODE

Find MICR Codes for ICICI New Bombay Thane Maharashtra

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MICR Code	400229210
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	Vashi Sec 17
Contact	Sanjeev Kumar- 9765553136
Bank Details	Icici Bank Ltd Vashi Sec 17 ICIC0001881

Location	New Bombay, Thane
City	New Bombay
District	Thane
State	Maharashtra
Pincode	400703
Country	IN
Address	Icici bank ltd., shop no.10,11,12,13,14,15, vardhman market premises co-op society, sector - 17, vashi, navi mumbai - 400703, thane dist., 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 400229210 for Vashi Sec 17 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 400229210 of ICICI Bank, Vashi Sec 17 branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Vashi Sec 17 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 Sec 17

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 Sec 17 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. 400229210 is the MICR code of Industrial Credit And Investment Corporation Of India for Vashi Sec 17 branch. MICR code for Vashi Sec 17 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 Sec 17 is presented in the table alongside.

Use of ICICI Bank MICR code for Vashi Sec 17 branch in new bombay

The MICR code 400229210 is used in RBI cheque clearing process to identify the branch Vashi Sec 17 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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