ICICI South Goa Sancoale Goa MICR CODE

Find MICR Codes for ICICI South Goa Sancoale Goa

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sancoale Zuarinagar
Contact -
Bank Details Icici Bank Ltd Sancoale Zuarinagar ICIC0008451
Location South Goa, Sancoale
City South Goa
District Sancoale
State Goa
Pincode 403726
Country IN
Address Icici bank ltd, shop no 1, 2 , 3, greva plaza, gregory vales estates, zuarinagar, sancoale
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 Sancoale Zuarinagar 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, Sancoale Zuarinagar branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Sancoale Zuarinagar 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 -

>>Sancoale Zuarinagar

MICR code for ICICI Sancoale Zuarinagar

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Sancoale Zuarinagar 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 Sancoale Zuarinagar branch. MICR code for Sancoale Zuarinagar 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 Sancoale Zuarinagar is presented in the table alongside.

Use of ICICI Bank MICR code for Sancoale Zuarinagar branch in south goa

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sancoale Zuarinagar 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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