ICICI Alaumrod Shajapur Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Alaumrod Shajapur Madhya Pradesh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alaumrod
Contact 7374233307
Bank Details Icici Bank Ltd Alaumrod ICIC0003037
Location Alaumrod, Shajapur
City Alaumrod
District Shajapur
State Madhya Pradesh
Pincode 465110
Country IN
Address Icici bank ltd, village alaumrod, sub district shajapur, district shajapur, state madhya pradesh, pin 465110
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 465229504 for Alaumrod 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 465229504 of ICICI Bank, Alaumrod branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Alaumrod 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 -

>>Alaumrod

MICR code for ICICI Alaumrod

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Alaumrod 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. 465229504 is the MICR code of Industrial Credit And Investment Corporation Of India for Alaumrod branch. MICR code for Alaumrod 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 Alaumrod is presented in the table alongside.

Use of ICICI Bank MICR code for Alaumrod branch in alaumrod

The MICR code 465229504 is used in RBI cheque clearing process to identify the branch Alaumrod 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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