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ICICI Kumbalagodu Bangalore Urban Karnataka MICR CODE

Find MICR Codes for ICICI Kumbalagodu Bangalore Urban Karnataka

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kumbalagodu
Contact Mr. Shashidhar Sudhakar-09731605268
Bank Details Icici Bank Ltd Kumbalagodu ICIC0002637
Location Kumbalagodu, Bangalore Urban
City Kumbalagodu
District Bangalore Urban
State Karnataka
Pincode 560074
Country IN
Address Icici bank ltd., rajarajeshwari engineering of college, kumbalagodu - 560074, no.14, romojhalli cross, mysore road, dist. Bangalore urban, karnataka
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 560229075 for Kumbalagodu 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 560229075 of ICICI Bank, Kumbalagodu branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Kumbalagodu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Icici Bank Ltd are available with micr code -

>>Kumbalagodu >>Kumbalagodu Don Bosco Institute

MICR code for ICICI Kumbalagodu

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Kumbalagodu 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. 560229075 is the MICR code of Industrial Credit And Investment Corporation Of India for Kumbalagodu branch. MICR code for Kumbalagodu 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 Kumbalagodu is presented in the table alongside.

Use of ICICI Bank MICR code for Kumbalagodu branch in kumbalagodu

The MICR code 560229075 is used in RBI cheque clearing process to identify the branch Kumbalagodu 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.