ICICI Wategaon Sangli Maharashtra MICR CODE

Find MICR Codes for ICICI Wategaon Sangli Maharashtra

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MICR Code	-NA-
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	Wategaon (Kasegaon Ex.)
Contact	Belwalkar Shivanand Vishwanath(02342)237536
Bank Details	Icici Bank Ltd Wategaon (Kasegaon Ex.) ICIC0006370

Location	Wategaon, Sangli
City	Wategaon
District	Sangli
State	Maharashtra
Pincode	415410
Country	IN
Address	Shinde building,bazar peth, wategaon- 415 410 tal.walwa, dist.sangli.

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 Wategaon (Kasegaon Ex.) 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, Wategaon (Kasegaon Ex.) branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Wategaon (Kasegaon Ex.) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Icici Bank Ltd are available with micr code -

>>Wategaon (Kasegaon Ex.)

MICR code for ICICI Wategaon (Kasegaon Ex.)

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

Use of ICICI Bank MICR code for Wategaon (Kasegaon Ex.) branch in wategaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Wategaon (Kasegaon Ex.) 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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