Let Others Know
×
LinkedIn
Email
WhatsApp

ICICI Jamshedpur Purbi Singhbhum Jharkhand MICR CODE

Find MICR Codes for ICICI Jamshedpur Purbi Singhbhum Jharkhand

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jugsalai
Contact Mr. Quamrul Hoda-09771465247
Bank Details Icici Bank Ltd Jugsalai ICIC0002574
Location Jamshedpur, Purbi Singhbhum
City Jamshedpur
District Purbi Singhbhum
State Jharkhand
Pincode 831002
Country IN
Address Icici bank ltd.,  station road, jugsalai - 831002, jamshedpur, dist. East singhbhum, jharkhand
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 831229007 for Jugsalai 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 831229007 of ICICI Bank, Jugsalai branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Jugsalai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Icici Bank Ltd are available with micr code -

>>Jamshedpur >>Jamshedpur Bishtupur Jharkhand >>Jugsalai >>Kadma >>Kalimati >>Sakchi >>Telco Branch

MICR code for ICICI Jugsalai

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Jugsalai 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. 831229007 is the MICR code of Industrial Credit And Investment Corporation Of India for Jugsalai branch. MICR code for Jugsalai 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 Jugsalai is presented in the table alongside.

Use of ICICI Bank MICR code for Jugsalai branch in jamshedpur

The MICR code 831229007 is used in RBI cheque clearing process to identify the branch Jugsalai 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.