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ICICI Mayabunder Andaman Andaman And Nicobar MICR CODE

Find MICR Codes for ICICI Mayabunder Andaman Andaman And Nicobar

Bank
State
District
City
Branch
Address

MICR Code	744229003
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	Mayabunder
Contact	9818668780
Bank Details	Icici Bank Ltd Mayabunder ICIC0002776

Location	Mayabunder, Andaman
City	Mayabunder
District	Andaman
State	Andaman And Nicobar
Pincode	744204
Country	IN
Address	Icici bank ltd near deo office lucknow,mayabunder andaman 744204

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 744229003 for Mayabunder 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 744229003 of ICICI Bank, Mayabunder branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Mayabunder 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 -

>>Mayabunder

MICR code for ICICI Mayabunder

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Mayabunder 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. 744229003 is the MICR code of Industrial Credit And Investment Corporation Of India for Mayabunder branch. MICR code for Mayabunder 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 Mayabunder is presented in the table alongside.

Use of ICICI Bank MICR code for Mayabunder branch in mayabunder

The MICR code 744229003 is used in RBI cheque clearing process to identify the branch Mayabunder 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.