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ICICI Kochi Ernakulam Kerala MICR CODE

Find MICR Codes for ICICI Kochi Ernakulam Kerala

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thevara
Contact
Bank Details Icici Bank Ltd Thevara ICIC0001950
Location Kochi, Ernakulam
City Kochi
District Ernakulam
State Kerala
Pincode 682103
Country IN
Address Icici bank ltd., maria building, 26/1722-e1, elamkulam village, thevara, kochi - 682103, ernakulam dist., kerala
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 682229021 for Thevara 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 682229021 of ICICI Bank, Thevara branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Thevara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Thevara

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Thevara 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. 682229021 is the MICR code of Industrial Credit And Investment Corporation Of India for Thevara branch. MICR code for Thevara 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 Thevara is presented in the table alongside.

Use of ICICI Bank MICR code for Thevara branch in kochi

The MICR code 682229021 is used in RBI cheque clearing process to identify the branch Thevara 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.