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ICICI Kumta Uttar Kannad Karnataka MICR CODE

Find MICR Codes for ICICI Kumta Uttar Kannad Karnataka

Bank
State
District
City
Branch
Address

MICR Code	581229652
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	Kumta
Contact
Bank Details	Icici Bank Ltd Kumta ICIC0001735

Location	Kumta, Uttar Kannad
City	Kumta
District	Uttar Kannad
State	Karnataka
Pincode	581343
Country	IN
Address	Icici bank ltd., no. 1424a, sy no 103/3 , nellekeri road, kumta - 581343, uttar kannad dist., 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 581229652 for Kumta 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 581229652 of ICICI Bank, Kumta branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Kumta branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Icici Bank Ltd are available with micr code -

>>Hiregutti >>Kumta >>Mirjan

MICR code for ICICI Kumta

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Kumta 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. 581229652 is the MICR code of Industrial Credit And Investment Corporation Of India for Kumta branch. MICR code for Kumta 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 Kumta is presented in the table alongside.

Use of ICICI Bank MICR code for Kumta branch in kumta

The MICR code 581229652 is used in RBI cheque clearing process to identify the branch Kumta 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.