ICICI Raichur Manvi Karnataka MICR CODE

Find MICR Codes for ICICI Raichur Manvi Karnataka

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manvi
Contact 91-9731461521
Bank Details Icici Bank Ltd Manvi ICIC0003643
Location Raichur, Manvi
City Raichur
District Manvi
State Karnataka
Pincode 584123
Country IN
Address Icici bank ltd. , survey no. 13. 1. 69/1, ground floor, sbh colony, manvi, dist. Raichur, karnataka. 584123
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 584229506 for Manvi 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 584229506 of ICICI Bank, Manvi branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Manvi 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 -

>>Manvi

MICR code for ICICI Manvi

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Manvi 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. 584229506 is the MICR code of Industrial Credit And Investment Corporation Of India for Manvi branch. MICR code for Manvi 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 Manvi is presented in the table alongside.

Use of ICICI Bank MICR code for Manvi branch in raichur

The MICR code 584229506 is used in RBI cheque clearing process to identify the branch Manvi 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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