ICICI Hingoli Hingoli Maharashtra MICR CODE

Find MICR Codes for ICICI Hingoli Hingoli Maharashtra

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Wangarwadi Wagarwadi
Contact 0
Bank Details Icici Bank Ltd Wangarwadi Wagarwadi ICIC0004170
Location Hingoli, Hingoli
City Hingoli
District Hingoli
State Maharashtra
Pincode 431705
Country IN
Address Icici bank ltd.at wagarwadi post and tal.aundha nagnath dist. Hingoli 431512
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 431229512 for Wangarwadi Wagarwadi 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 431229512 of ICICI Bank, Wangarwadi Wagarwadi branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Wangarwadi Wagarwadi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Icici Bank Ltd are available with micr code -

>>Hingoli >>Wai Tarf Dhamanagon >>Wangarwadi Wagarwadi

MICR code for ICICI Wangarwadi Wagarwadi

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Wangarwadi Wagarwadi 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. 431229512 is the MICR code of Industrial Credit And Investment Corporation Of India for Wangarwadi Wagarwadi branch. MICR code for Wangarwadi Wagarwadi 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 Wangarwadi Wagarwadi is presented in the table alongside.

Use of ICICI Bank MICR code for Wangarwadi Wagarwadi branch in hingoli

The MICR code 431229512 is used in RBI cheque clearing process to identify the branch Wangarwadi Wagarwadi 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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