ICICI Pondicherry Pondicherry Pondicherry MICR CODE

Find MICR Codes for ICICI Pondicherry Pondicherry Pondicherry

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Villianur Branch
Contact
Bank Details Icici Bank Ltd Villianur Branch ICIC0007368
Location Pondicherry, Pondicherry
City Pondicherry
District Pondicherry
State Pondicherry
Pincode 605110
Country IN
Address Icici bank ltd no 90 east car street villianur pondicherry 605110
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 Villianur Branch 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, Villianur Branch branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Villianur Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Icici Bank Ltd are available with micr code -

>>Pondicherry Chetty Street >>Pondicherry Mission Street >>Puducherry >>Puducherry Dbu >>The Pondicherry Co Operative Urban Bank >>Villianur Branch

MICR code for ICICI Villianur Branch

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

Use of ICICI Bank MICR code for Villianur Branch branch in pondicherry

The MICR code 0 is used in RBI cheque clearing process to identify the branch Villianur Branch 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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