ICICI Greater Bombay Mumbai Maharashtra MICR CODE

Find MICR Codes for ICICI Greater Bombay Mumbai Maharashtra

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahakali Caves Branch
Contact 7506707260
Bank Details Icici Bank Ltd Mahakali Caves Branch ICIC0004289
Location Greater Bombay, Mumbai
City Greater Bombay
District Mumbai
State Maharashtra
Pincode 400093
Country IN
Address Icici bank ltd shop no 4, ground flr, everest grande, opp pinnacle business park
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 400229277 for Mahakali Caves Branch 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 400229277 of ICICI Bank, Mahakali Caves Branch branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Mahakali Caves Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Mahakali Caves Branch

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Mahakali Caves Branch 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. 400229277 is the MICR code of Industrial Credit And Investment Corporation Of India for Mahakali Caves Branch branch. MICR code for Mahakali Caves Branch 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 Mahakali Caves Branch is presented in the table alongside.

Use of ICICI Bank MICR code for Mahakali Caves Branch branch in greater bombay

The MICR code 400229277 is used in RBI cheque clearing process to identify the branch Mahakali Caves Branch 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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