ICICI Chikmagalur Pura Karnataka MICR CODE

Find MICR Codes for ICICI Chikmagalur Pura Karnataka

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pura Jenugadde
Contact
Bank Details Icici Bank Ltd Pura Jenugadde ICIC0007529
Location Chikmagalur, Pura
City Chikmagalur
District Pura
State Karnataka
Pincode 577136
Country IN
Address Icici bank ltd pura jenugadde belase village chikmagalur tq 577136
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 0 for Pura Jenugadde 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 0 of ICICI Bank, Pura Jenugadde branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Pura Jenugadde 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 -

>>Pura Jenugadde

MICR code for ICICI Pura Jenugadde

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Pura Jenugadde 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Pura Jenugadde branch. MICR code for Pura Jenugadde 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 Pura Jenugadde is presented in the table alongside.

Use of ICICI Bank MICR code for Pura Jenugadde branch in chikmagalur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pura Jenugadde 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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